Caixin

For Property Developers, the Game Is Survival

By staff reporters Li Shen and Zhu Yishi
a

Forget about the good old days of fast and furious growth for China's real estate industry, Vanke Group's CEO told reporters November 12.

"We are now in the second half of the game," said Yu Liang, whose company is one of the nation's largest property developers. "It's different from the first half.

"Developers need different playing styles. They might say goodbye to many ways of doing things," he added, "and make new things."

You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
Copyright © 2017 Caixin Global Limited. All Rights Reserved.