Weak Land Sales in China Pinch Local Governments
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Weak Land Sales in China Pinch Local Governments

Dalian : China | Aug 14, 2012 at 1:10 PM PDT
Source: Asian Wall Street Journal
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A number of cities, including Shenyang, Dalian, Zhuhai and Tianjin, have seen disappointing land auctions, with many real-estate developers reluctant to add to their land holdings. That is bad news for local governments, which depend on land sales for a large slice of their revenue. FULL ARTICLE AT Asian Wall Street Journal
 
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