New apartment blocks under construction in Foshan, China. Photo: Martin Williams

Chinese builders face a tough choice: sacrifice profit now to generate cash or wait for better times

  • Increasingly, developers face hard trade-off: to sell homes cheaply now or to wait for an easing of price controls and credit lines
  • The huge discounts involved have been drawing hoards of potential buyers, who have in turn shunned more expensive lived-in homes
Topic |   China property

TOP PICKS

New apartment blocks under construction in Foshan, China. Photo: Martin Williams
READ FULL ARTICLE