The Chinese developer boom kicked off in 1998 when the CCP allowed households to buy and sell apartments. Fast-forward 25 years and things have turned upside down.
China's economic crisis: Many say Xi Jinping’s bid to reduce regional disparity and poverty by directly or indirectly damaging his political allies and business tycoons of Beijing has cost the country
Chinese property developer Shimao Group Holdings plans a private placement of shares, the second to do so a day after Beijing lifted a ban on such deals.
Representatives from 10 Chinese property companies met government regulators to ask for an "appropriate loosening" on policy restrictions, financial news outlet Yicai reported late on Friday.
Representatives from 10 Chinese property companies met government regulators to ask for an appropriate loosening on policy restrictions, financial news outlet Yicai reported late on Friday.. | October 16, 2021