China Vanke in talks to buy assets to speed up new business development

China Vanke in talks to buy assets to speed up new business development

An employee walks past a logo of Vanke at its headquarters in Shenzhen, south China's Guangdong province, November 2, 2015. REUTERS/Tyrone Siu

China Vanke Co Ltd said it was in talks to buy assets in cash, part of the property developer’s effort to accelerate the development of its new businesses.

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