China mortgage strikes threaten property sector's house of cards - Nikkei Asia

As unfinished homes disrupt lives, pressure grows on developers and Beijing alike

HONG KONG -- Chen Peng put his entire life savings, and that of his parents, into a 300,000 yuan ($44,000) down payment for a condominium that should have been finished in 2018. Four years later, the… [+376 chars]

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