2014-08-29

Who is the Next Developer to Collapse?

Chinese media once again refute those who claim the Western media is too negative on China.

No specific answer to the question of which developer will collapse in this long article covering the cooling market, falling sales, shrinking cash levels at developers, debate over the need for a bailout, etc., only a general argument that more developers are going to go bankrupt given current trends.

楼市“寒冬”:下一个倒下房地产开发商会是谁?

That headline translates to: Property Market Winter: Who is the next developer to collapse? (Link goes to Google Translated version)

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