Commenting on China's economy, Clevo chairman Kent Hsu said that the situation is not really good and property prices may take a long time to fall, but Clevo's real estate business will not be impacted by the upcoming downturn since most of its land was purchased at cheap prices. However, the company will stop purchasing land for the time being to observe the market.
from DIGITIMES: IT news from Asia http://ift.tt/1NoqtfF
via Yuichun
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