Tag: Raymond Yeung
Property downturn prompt Chinese tourists to stay home
CHINA used to be the global tourism powerhouse, spending 1.7 billion yuan overseas at its peak. But the…
China property prices need to fall by 40% to restore balance
WITH average rental yields of 1.5% across top-tier cities and a glut of unsold housing stock, China’s property…
China sitting on 3 billion sqm of unsold housing
CHINA'S real estate crisis, which has spread to the wider economy and pushed some of the country’s biggest…