China's real estate meltdown is battering middle class wealth
China News: Middle-class households in China, like Thomas Zhou in Shanghai, are facing financial challenges due to the decline in stock investments, salary packag
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China News: Middle-class households in China, like Thomas Zhou in Shanghai, are facing financial challenges due to the decline in stock investments, salary packag
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New World Development, the conglomerate owned by one of Hong Kong’s wealthiest families, sold more than RMB 10 billion ($1.37 billion) worth of residential projects in mainland China in the first eight months of the year, the company said in a statement on Monday, reports the South China Morning Post. The total sales reported in…
“Benefiting from the group’s forward-looking strategy, high-quality developments and brand advantages, our projects have gained strong market recognition and…