A Chinese man stands in front of new office and apartment buildings in Beijing, 16 April 2007. A courtyard home in Beijing has sold for a record 110 million yuan (14.2 million USD), reflecting the sky-rocketing real estate prices in China's capital, state media reported. Despite interest rate rises, new taxes and other measures to curb the real estate boom, property prices in Beijing were 8.8 percent higher in February from a year earlier, according to official figures. Getty Images logo Getty Images 58 months ago

A Chinese man stands in front of new office and apartment buildings in Beijing, 16 April 2007. A courtyard home in Beijing has sold for a record 110 million yuan (14.2 million USD), reflecting the sky-rocketing real estate prices in China's capital, state media reported. Despite interest rate rises, new taxes and other measures to curb the real estate boom, property prices in Beijing were 8.8 percent higher in February from a year earlier, according to official figures.

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