REAL estate developers have been fast expanding their land banks across the country over the past 11 months, a recent study by China Securities Journal has found.
The newspaper, affiliated to the official Xinhua news agency, yesterday released a study of 86 land acquisition announcements so far this year made to the country's two stock exchanges.
About 70 percent were located in the eastern Yangtze River Delta, the northern cities of Beijing and Tianjin, neighboring Hebei Province and the southern Guangdong Province.
