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Japan-Update

Daiwa House to build 1,700 condos in China

The $620m project in Nantong comes amid falling property inventories

Daiwa House has built 5,600 condos in Dalian and other Chinese cities.

OSAKA -- Daiwa House Industry will undertake its first major Chinese housing development in six years, with plans to begin constructing 1,700 condominiums as early as October.

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