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Hong Kong Billionaire Joins Winning $2.6 Billion Land Bid In One-Time China Covid Epicenter Wuhan

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Vincent Lo’s Shui On Land is best known for developing Shanghai icon Xintiandi
The central China city of Wuhan was at the center of global attention in early 2020 when it was an epicenter of the Covid-19 pandemic. Lockdowns in the transportation and education hub ended in April last year, and, though China’s economy continues to be affected by fallout from the global pandemic, daily life has been largely back to normal for many in the country. GDP growth this year is forecast to exceed 8% and will top 5% next year, according to forecasts by the Chinese Academy of Social Sciences.

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