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CapitaLand sees plenty of spark in China

Despite all the hand-wringing over China’s growth trajectory, the Middle Kingdom remains a land of milk and honey for Singapore real-estate company CapitaLand Ltd. President and CEO Liew Mun Leong is a longtime bull on China’s property market, often expressing confidence in the macroeconomic fundamentals that fuel housing and commercial-property demand there.

Under his leadership, the developer – Southeast Asia’s largest by market value – expanded aggressively into China over the past decade, and now owns there a portfolio worth about SGD12 billion (USD9.5b), or 38 percent of the company’s total assets, including residential properties, offices and shopping malls.

Liew shared his views on real-estate trends and management experiences with The Wall Street Journal.