Relevant:
- As China's Economy Slows, a Look at What Could Happen
- $25M Mortgage Retires Bond Financing
- China's Regulators Plan Tighter Control of Funds Into Property
- Beijing's New Challenge: China's Post-Crisis Housing Bubble
- Property Developers Hurting in China; New Homes Sales Down 50% in Shanghai; Preposterous Prices Won't Last; Commodities to be Hit in Building Slump
2011-03-24 — bloomberg.com
"“Money is going to be a challenge,†Andy Zhang, China managing director for the New York-based real estate firm, said in an interview in Beijing yesterday. “The local governments still rely heavily on land sales for their revenue, while the central government requires them to resolve the financing of those homes.â€"
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.