Via iFeng. A building in Tongzhou slashed prices recently. It cut office space prices by ¥6000/sqm, or 30%. Residential property was discounted as well, with a ¥4000/sqm cut. This area as seen a lot of supply hit the market of late, and the price cut phenomena is widespread.
通州一楼盘大幅降价 最大降幅6000元/平方米
China Vanke Said in Talks to Sell 21% Stake in GLP to State-Backed Investors
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With its bonds falling to all-time lows this week amid a deepening
liquidity crisis, China Vanke is reported to be in discussions to sell its
stake in in...
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