Even China Overseas Land & Investment, the country’s biggest listed developer by market cap, is turning cautious. Photo: Peggy Sito Even China Overseas Land & Investment, the country’s biggest listed developer by market cap, is turning cautious. Photo: Peggy Sito
Even China Overseas Land & Investment, the country’s biggest listed developer by market cap, is turning cautious. Photo: Peggy Sito

Developers’ caution in buying land could threaten local government finances

Developers exercise extra caution as costs rise, dampening local government revenue hopes

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Even China Overseas Land & Investment, the country’s biggest listed developer by market cap, is turning cautious. Photo: Peggy Sito Even China Overseas Land & Investment, the country’s biggest listed developer by market cap, is turning cautious. Photo: Peggy Sito
Even China Overseas Land & Investment, the country’s biggest listed developer by market cap, is turning cautious. Photo: Peggy Sito
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