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Summary: --Chinese farmers are likely to continue abandoning tough and unprofitable farm work to seek their fortunes in cities across China. --Land ownership reforms would also likely send waves of farmers into the cities in search of work. --By 2019, the Economist Intelligence Unit estimates that the cities of Chongqing, Chengdu, Zhengzhou, Tianjin, Beijing, Xi’an, Changsha, Shanghai, Shenzhen, and Dongguan will see a net increase of roughly 4.0 billion m2 of housing space—more than 50% larger than the 2.6 billion m2 net increase that the entire U.S. market is expected to experience by 2020 (based on data from Macroeconomic Advisors and the U.S. Census Bureau). --Our base case commodity demand analysis anticipates that housing construction in the 10 target cities between now and 2019 will use at least 967 million…