The real estate industry continues to power China’s economy. Credit: Xu Jinbai/VCG via Getty Images
People in mainland China weren’t allowed to own property until 1998. Since then, home ownership rates have blossomed. But explosive growth has also fueled a building boom that has saddled some of the nation's biggest property developers with precarious levels of debt.
China’s massive property sector sops up steel and cement for major projects each year, creating a symbiotic relationship with the country’s construction firms. One estimate put the real estate industry’s contribution to
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
Myanmar’s civil war poses one of China’s biggest foreign policy challenges. As the country devolves back into rebel fiefdoms, Beijing has fallen back on a unique brand of Realpolitik.
The former National Economic Council head talks about whether a deal with China is in the cards during Trump's second term, and being a free trader as the U.S. turns to protectionism.
Navigate China's Business Landscape with Confidence.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OKPrivacy policy
