The entrance to a robotics park in Xianghe, Hebei province, part of local government efforts to diversify the economy away from property. Photo: Zheng Yangpeng

Idle staff and closed offices: how government curbs hit the property business in one Chinese city

Xianghe in the northern Hebei province was once a darling of property speculators, with prices doubling in less than a year, but after the local government clamped down, the speculators vanished

Topic |   China property

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The entrance to a robotics park in Xianghe, Hebei province, part of local government efforts to diversify the economy away from property. Photo: Zheng Yangpeng
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