A residential community in Shanghai. Photo: Aly Song, Reuters A residential community in Shanghai. Photo: Aly Song, Reuters
A residential community in Shanghai. Photo: Aly Song, Reuters

What Cinda’s financing model means for the property sector

Is this the new normal? State-owned enterprises using their financial muscle to amass land as an asset rather than for its development potential

A residential community in Shanghai. Photo: Aly Song, Reuters A residential community in Shanghai. Photo: Aly Song, Reuters
A residential community in Shanghai. Photo: Aly Song, Reuters
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