Eastern China’s Yangtze River Delta has taken a starring role in April land purchases by mainland developers, with China Resources Land, Sunac, Greentown and Country Garden all purchasing projects the economic corridor this month. Looking back to March, new research… Read More>>
5 Out of 10 Best-Paid China Execs Work in Real Estate – See Them Here
Real estate investment may account for 15 percent of China’s GDP, but its real estate leaders represent 50 percent of the country’s highest paid executives, according to data from an international human resources data provider. And four out of those… Read More>>
Home Sales Figures Drop 5% as Developers Get Gloomy
The value of home sales in China totaled only RMB 598.5 billion during the first two months of 2014, representing a five percent drop from the same period a year ago, as clampdown on credit starts to reduce the number… Read More>>
CCTV Accuses China Real Estate Developers of Tax Evasion
45 Chinese property developers, including major players such as Agile Property, Soho China, and China Vanke, have failed to pay at least RMB 3.8 trillion in taxes between 2005 and 2012 according to report on Sunday by CCTV.
The report… Read More>>