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xu jiangang gangtai

Credit Problems Brings Down Gangtai Group’s Plan for 300M Skyscraper in Zhejiang 3rd-Tier City

2018/07/31 by Rafiaa Rumjahn Leave a Comment

China’s real estate slowdown appears to be claiming yet another victim, as China Cinda Asset Management takes over a planned 300-metre tall skyscraper project in the Zhejiang provincial city of Taizhou.

The state-owned “bad asset bank” acquired the Gangtai International… Read More>>

Hangzhou empty housing

Hangzhou Tries to Prop Up House Prices by Regulating Discounts

2014/04/28 by Michael Cole 1 Comment

The bureaucrats running the city of Hangzhou in eastern China have reached back into their command-economy toolkits for a solution to rapidly decaying housing prices – make discounts subject to government approval.

The Hangzhou government announced on Wednesday that real… Read More>>

Police guard real estate office in China

Protests Over Developer Discounts Bring Out the SWAT Team in Zhejiang

2014/04/08 by Michael Cole Leave a Comment

Eastern China’s Zhejiang province could be in for more trouble as the SWAT team was called in to calm protests that erupted in the city of Taizhou after property developers began discounting home prices by 30 percent late last month.

… Read More>>

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