Residential blocks reflected in the glass wall of a high-rise building in Beijing’s central business district. Photo: SCMP
Chinese developers warn more rentals will hammer margins
China’s biggest developers scale up their rental building programmes in a bid to echo President Xi Jinping’s hopes that more homes should be built ‘to be inhabited, and not for speculation’
Residential blocks reflected in the glass wall of a high-rise building in Beijing’s central business district. Photo: SCMP