In each cycle of policy restrictions and market slowdowns mainland municipal governments squeezed by falling revenues look to test the limits of Beijing’s tolerance, with a city in Shandong province testing the strength of that leash today. Also in the… Read More>>
Dalian Wanda Group to Build $9.5B Theme Park in Jinan as Joust with Disney Continues
Dalian Wanda Group says it will invest RMB 63 billion ($9.45 billion) to build a tourism and sports complex in Jinan, a gritty industrial city of just over 7 million people in northern China’s Shandong province. The combination theme park,… Read More>>
Jinan Lifts Home Purchase Restrictions Amid Housing Glut
The capital of eastern China’s Shandong province will now allow potential buyers to purchase as many homes as they would like, regardless of whether or not they are residents.
The move by the city of Jinan was confirmed by officials… Read More>>
Jinan Next in Line as Chinese Cities Roll Back Real Estate Restrictions
An announcement dated yesterday on a Jinan city government website indicated that the second tier city in Shandong province will soon join several other Chinese urban centres in revising restrictions on home sales as real estate markets sag across the… Read More>>
Atkins Wins Design Contract for RMB 35B Qingdao Airport
Atkins and China Southwest Architectural Design and Research Institute (CSWADI) have won a contract for the conceptual planning and terminal design of the new Qingdao airport, marking the start of a successful partnership.
With an investment of 35 billion RMB,… Read More>>