NEW: As the Chinese government struggles to ease the real estate crisis, state owned developers have been buying up land. In Beijing, the state now accounts for 60% of new land sales, with few private developers left. ig.ft.com/china-proper... - ThreadSky

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alisonkilling.bsky.social • 28 days ago

NEW: As the Chinese government struggles to ease the real estate crisis, state owned developers have been buying up land. In Beijing, the state now accounts for 60% of new land sales, with few private developers left.
https://ig.ft.com/china-property-crisis/

Comments

merlinfulcher.bsky.social•28 days ago

Fascinating as ever, thank you! Just noticed this one doesn't have a listen function, unlike all the other articles on the FT app. maybe its to do with the infographics? would be great if these could be included too as its a really handy feature 🙏✨

alisonkilling.bsky.social•28 days ago

I think it's because we've built this as an interactive graphics page, rather than in the standard content management system. I'll pass that comment onto the team though. And glad that you liked it!

alisonkilling.bsky.social•28 days ago

Real estate has been crucial to the Chinese economy for the past three decades, but that began to reverse four years ago after the default of Evergrande. Land sales across China have halved since 2021.

alisonkilling.bsky.social•28 days ago

By Thomas Hale, Wenjie Ding, @digitalcampbell.ft.com , @peter.andringa.me , @samjoiner.bsky.social, Haohsiang Ko, Toru Tsunashima and me.
https://ig.ft.com/china-property-crisis/

olaslman123.bsky.social•1 day ago

Hello my friend, alison can you help me with a donation? We are dying of hunger and bombing, and my mother is sick.🍉😭💔🙏

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