Workers put finishing touches on the Greenland Center in Wuhan, in central China’s Hubei Province, on November 16, 2021. Photo: Xinhua
Workers put finishing touches on the Greenland Center in Wuhan, in central China’s Hubei Province, on November 16, 2021. Photo: Xinhua

China skyscraper plans teeter as new height rules further complicate high-concept projects for indebted developers

  • The country’s top planning agency will no longer approve buildings taller than 500 metres, and will strictly limit those above 250 metres
  • Cash-strapped developers may have to re-do plans or even sell partially built projects at a loss

Workers put finishing touches on the Greenland Center in Wuhan, in central China’s Hubei Province, on November 16, 2021. Photo: Xinhua
Workers put finishing touches on the Greenland Center in Wuhan, in central China’s Hubei Province, on November 16, 2021. Photo: Xinhua
READ FULL ARTICLE