China’s Real Estate Crisis: The Story Behind Abandoned Mansions and Ghost Cities
The Chinese government’s ambitious plans for real estate have taken a haunting turn, with abandoned mansions and desolate developments dotting the landscape. The State Guest Mansions, once envisioned as opulent residences for the elite, now stand abandoned, inhabited only by roaming cattle and
China to increase credit support for rental housing market – c.bank
China will increase its credit support for the development and construction of rental housing, the central bank and the financial regulator said in suggestions on how to support the rental market issued on Friday. China will support commercial banks in issuing financial bonds