Here is a list of the day’s latest China real estate news collected from around the web:
- China Investment Appeal Waning Adds to Wen’s Challenge
China’s rising labor costs and a deteriorating regulatory environment are prompting almost a quarter of European Union companies to consider shifting investments to other countries, a survey showed. Twenty-two percent of 557 respondents said they may move investment to developing economies including those in Southeast Asia and South America, where doing business is easier, according to a confidence survey conducted in February by the EU Chamber of Commerce in China and Roland Berger Strategy Consultants and released today in Beijing.
- Carrefour to hire Chinese MBAs
France’s Carrefour SA China plans to recruit Chinese MBA students as store managers to support its fast expansion plans in the world’s second largest economy. “Carrefour China will recruit more than 20 store general managers who are MBA students in the next six months to work for its outlets,” said Joanna Meng, human resources director and vice-president of Carrefour China.
- APREA launches China Chapter
The Asia Pacific Real Estate Association (APREA), which promotes and represents the Asian real estate asset class, has established its China Chapter, its ninth in the region. The China Chapter, a representative body of APREA, will better serve the interests of APREA’s members in China. It is part of APREA’s strategy to operate on a decentralized basis, with local identities, in all key markets in the region.
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