'Hopeless': Chinese homebuyers run out of patience with developers - CNA

BEIJING: Newly married and with his first child on the way, auto worker Wang wanted to move into the apartment he bought in Wuhan three years ago but those hopes were dashed by China's ballooning property crisis. Saddled with US$300,000 in debt and with his u…

"OUR HEARTS ARE COLD" The "crisis of confidence" in China's housing market points to structural flaws, said Andrew Batson of Gavekal Dragonomics in a recent report. Because of their heavy reliance … [+2730 chars]

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