China’s Property Market, Once a Lifeline, Now Carries Economic Risks

Beijing relied on home buying to help boost the economy in 2015, but concerns about debt and house prices could limit that option now SHANGRAO, China—Investors were pouring into this sleepy city in southeastern China until late last year to scoop up apartments as new high-rise projects mushroomed. Then sentiment turned. Unsold units started piling … Read more

What next for China’s overheated property market?

What does Wang Shi, founder and chairman of China Vanke, the world’s biggest home builder by revenue, make of China’s overheated property market? When prospective buyers enter the 900-home development “Seaside Home” along an avenue of Grecian columns, their eyes are meant to be drawn to three athletes, chiselled from fake bronze. At “Starry Olympic … Read more