A construction site for a residential skyscraper in Shanghai. Industry executives see dark skies ahead for China’s property development firms. Photo: AFP

Skies darkening for China’s property developers as tighter credit to slow sales growth

Industry executives see restrictive policies lasting for two years, which could spur further consolidation among companies

Topic |   China property

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A construction site for a residential skyscraper in Shanghai. Industry executives see dark skies ahead for China’s property development firms. Photo: AFP
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