In Beijing and Shanghai—two China’s largest housing markets—and other megacities, property sales have stalled and prices have dropped, and the high levels of debt that fueled a housing boom make the slowdown particularly perilous.
WSJ.com: What's News Asia, Wall Street Journal: What's News Asia
Tue, 01/16/2018 - 4:41pm
In Beijing and Shanghai—two China’s largest housing markets—and other megacities, property sales have stalled and prices have dropped, and the high levels of debt that fueled a housing boom make the slowdown particularly perilous.