Bloomberg reported that Swire Properties plans to set aside HKD50 billion to invest in the Chinese Mainland over the next decade, listing the Company's recent RMB7 billion investment in Xi'an for a mixed-used development as a recent project example. Some Hong Kong property developers are reportedly taking advantage of the credit crisis among local developers to cherry-pick prime land and projects in the Chinese Mainland – a phenomenon that demonstrates the relative strength of Hong Kong developers and marks a reversal of earlier dynamics that saw Chinese Mainland firms expand into Hong Kong.