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- Oop! Que Jingde, a high-level town government official who was a major shareholder in the Minhang building that collapsed, has now been arrested for corruption. [Shanghai Daily]
- The United Nations Environment Programme has taken stock of Shanghai's environmental efforts and said that the city has actually made strides in "greening" itself. [UN News]
- Morgan Stanley has sold The Exchange, a 52-story office and retail tower in Jing'an, to SOHO China Ltd. for $358.5 million. For those of you who are interested, only 30% of the building's space is currently rented. [AP
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