Investors have snapped up land on Hainan after the central government endorsed the island as a tourist destination. Photo: Bloomberg

Hainan cracks down on idle land parcels

Use it or lose it, is the message to owners of undeveloped projects as the authorities look to property investment to battle economic slowdown

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Investors have snapped up land on Hainan after the central government endorsed the island as a tourist destination. Photo: Bloomberg
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