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China New Town (01278) halts team-up with Jiangxi Zhengrong
China New Town Development (01278) said Jiangxi Zhengrong Real Estate Development
Company Limited failed in the bid for the land use rights over a  piece of land
located at Wu Shang, Tiexin Bridge, Yuhuatai District, Nanjing City, the PRC.
  The proposed cooperation between China New Town and Jiangxi Zhengrong will not proceed. 

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