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
High land prices have pushed up the value of plots such as this rice field on the outskirts of Shanghai, Photo: Bloomberg
