China’s Property Market, Once a Lifeline, Now Carries Economic Risks
A school and residential buildings are under construction at Yanan New Zone, Shaanxi province, China, in January. PHOTO: YAWEN CHEN/REUTERS Beijing relied on home buying to help boost the economy in 2015, but concerns about debt and house prices could limit that option now SHANGRAO, China—Investors were pouring into this sleepy city in southeastern China until late […]
