Not too hot, not too cold. For the Chinese property market, it seems the temperature has never really been quite right over the past decade or so as the market dynamics swung from one extreme to the next.
Not too hot, not too cold. For the Chinese property market, it seems the temperature has never really been quite right over the past decade or so as the market dynamics swung from one extreme to the next. In the early 2010s, photos of 'ghost towns' would make constant cameos in mainstream media. Is a global economic downturn likely after renewed US/China hostilities? The chilling sight of a slew of empty apartment blocks, vacant shops and underused white elephant projects sparked fears that a key component of China's growth story was beginning to crack. Ordos, a once booming min...
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