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Tasty discounts: China property firms take watermelons, garlic, peaches as partial payment for homes

Watermelons, wheat, peaches and garlic have recently become a form of currency to partially offset the price of a new home under creative promotions cooked up by property developers in parts of China, which are feeling the pinch between a weak market and restrictions against reducing prices. Amid a months-long slump and with local governments not allowing large price cuts,...
Li Yujia Zhang Dawei Andy Lee Yan Yuejin Country Garden Holdings Centaline Property Agency

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