Residents who need new housing due to demolition of their old homes will account for the largest chunk of new property buyers in China. Photo: Xinhua

China’s housing demand reports fraught with hidden dangers

Recent reports from Fitch Ratings and CICC ignore short-term risks and factor only long-term gains

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Residents who need new housing due to demolition of their old homes will account for the largest chunk of new property buyers in China. Photo: Xinhua
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