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China Vanke and partners to acquire commercial properties from Blackstone Group

​China Vanke, the largest homebuilder in the mainland, is planning to spend 3.9 billion yuan to acquire commercial property companies from Blackstone Group.

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Indian gov't to allow land acquisition bill to lapse, says PM

Indian Prime Minister Narendra Modi Sunday said his government would allow the controversial land acquisition bill to lapse because of the opposition it faced.