Rice grows in a field as residential buildings stand in the background on the outskirts of Shanghai on Monday, April 17, 2017. Photo: Bloomberg Rice grows in a field as residential buildings stand in the background on the outskirts of Shanghai on Monday, April 17, 2017. Photo: Bloomberg
Rice grows in a field as residential buildings stand in the background on the outskirts of Shanghai on Monday, April 17, 2017. Photo: Bloomberg
China property
Business /  China Business

Four of China’s costliest cities scramble to knock a real estate bull run off its pace amid fear of risk and bubbling debt

  • Shanghai, the country’s commercial hub, kicked off the market-cooling policies last Friday with some of the most draconian policies to limit the amount of money homebuyers can borrow for buying real estate
  • That was followed within days by Shenzhen, Hangzhou and Guangzhou, some of the biggest and most affluent population centres besides Beijing

Topic |   China property
Pearl Liu
Pearl Liu

Updated: 12:19pm, 29 Jan, 2021

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Rice grows in a field as residential buildings stand in the background on the outskirts of Shanghai on Monday, April 17, 2017. Photo: Bloomberg Rice grows in a field as residential buildings stand in the background on the outskirts of Shanghai on Monday, April 17, 2017. Photo: Bloomberg
Rice grows in a field as residential buildings stand in the background on the outskirts of Shanghai on Monday, April 17, 2017. Photo: Bloomberg
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