Plug legal loopholes in housing rental market
By Qiao Xinsheng | China Daily | Updated: 2020-12-19 09:00 Share CLOSE Danke Apartment, one of the country's largest housing rental platforms, has been running short on liquidity and therefore defaulting on rents since September in major cities including Beijing, Shanghai and Hangzhou, leaving its clients-property owners and tenants-jostling with each other. Danke, owned by New York-listed Phoenix Tree Holdings Ltd, offers "affordable" houses to young people in metropolises through co-living spaces by sourcing apartments from property...