Developers are turning asset-light by committing to minority stakes in projects and specialising in what they are good at. Photo: Xinhua
new | China to see more property firms exit the market amid tough competition
Many companies that entered the sector after 2009 stimulus are forced out as profit margins dwindle
Developers are turning asset-light by committing to minority stakes in projects and specialising in what they are good at. Photo: Xinhua
