News
Even China’s population of 1.4 billion would not be enough to fill all the empty apartments littered across the country, a former official said on Saturday, in a rare public critique of the ...
“How many vacant homes are there now?” He Keng, the former deputy head of China’s statistics bureau, said at an event in the southern industrial city of Dongguan over the weekend, Reuters ...
Experts have estimated that China has more vacant homes than can be filled by the country’s 1.4 billion people [File: Xiaoyu Yin/Reuters] For years, the bet paid off. Between 2004 and 2014 ...
He Keng said China's 1.4 billion population was likely insufficient to fill all its vacant houses. China has long been plagued by a real-estate crisis, with many empty properties and ghost cities.
Even relative to China's population of 1.4 billion, 80 million is a lot of empty homes — more than any other country Citi looked at, except for the recession-ravaged economies of Spain and Italy.
But China's are different — they're not abandoned, just empty. Subscribe ... shows that 21% of homes — some 65 million — were vacant as of 2017, The Wall Street Journal reported.
Nanchang’s skyscrapers represented urban transformation, but the city added apartments faster than its population grew. The result: vacant homes and offices. Construction activity at a ...
BEIJING (Reuters) -Demand for new homes in China is likely to remain substantially below the market's 2017 peak over the next few years, Goldman Sachs said late on Monday in a projection ...
China's property sector, once the pillar of the economy, has slumped since 2021 when real estate giant China Evergrande Group defaulted on its debt obligations following a clampdown on new borrowing.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results