Artist Impression of Ruyi Island, an artificial island approximately 3 kilometres (1.9 mi) northeast of Haidian Island in southern China’s Hainan province. Photo: SCMP
China’s 100,000 property developers are bracing for an industry shakeout as economic growth sputters
- Ruyi Island in Hainan province offers a glimpse of the shakeout that China’s 100,000 developers must brace for
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China property
Artist Impression of Ruyi Island, an artificial island approximately 3 kilometres (1.9 mi) northeast of Haidian Island in southern China’s Hainan province. Photo: SCMP