High land prices have pushed up the value of plots such as this rice field on the outskirts of Shanghai, Photo: Bloomberg
How China’s most contested land auction drove developers into a frenzy
Luck mattered more than money for hundreds of property developers bidding on eight plots of land put up for auction by local governments in Jiaxing
Topic |
China Land Sale
High land prices have pushed up the value of plots such as this rice field on the outskirts of Shanghai, Photo: Bloomberg