Apartments are seen from a plane on the outskirts of Beijing. Corporates making speculative investments in real estate is not a new phenomenon. Photo: Reuters

How China’s real economy is losing out as companies chase higher profits in a property boom

Xiang Shao says by drawing investment dollars away from productive development, a booming real estate sector can be bad news for the economy’s long-term competitiveness

Topic |   Property investment

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Apartments are seen from a plane on the outskirts of Beijing. Corporates making speculative investments in real estate is not a new phenomenon. Photo: Reuters
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