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Report: Forest City developer closes China sales centres
Published:  Mar 10, 2017 9:52 AM
Updated: 1:59 AM
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The developer of the Forest City project in Johor has reportedly closed all of its sales centres in China amid a crackdown on capital flight.

The South China Morning Post (SCMP) reported that a spokesperson for Country Garden Holdings said it had shut down all its offices to make way for renovations.

The spokesperson denied it had anything to do with Beijing's tightening of capital outflows.

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