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
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