Chinese Developers Start Returning Land, Causing a Major Real Estate Market Reversal
Chinese Developers Start Returning Land, Causing a Major Real Estate Market Reversal
Udumbara
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Recently, Chinese real estate developers have triggered a wave of land returns across the country. Many major developers are returning land they purchased years ago but have yet to develop, handing it back to local governments. Industry experts predict that cases of "land returns" will continue to rise in 2025, marking a significant shift in the rules of China’s real estate market.
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