China‘s real estate sector transformation reflects urbanization trends, national policy shifts, and economic challenges with implications for Asia-Pacific economies.
The Evolution of China‘s Real Estate Sector
The transformation of China’s real estate sector over the years reflects the country’s rapid urbanization and broader shifts in the Asia Pacific region. The shift from a state-dominated model to a market-oriented approach highlights the intersection of national policy and global economic trends.
Policy Shifts and Urban Development
Key policy changes such as the 1998 ‘State…