Caixin OnlineBusiness & IndustryTop Stories Industry Property Markets in Smaller Cities 'Troubled by Oversupply'
07.18.2013 18:02

Property Markets in Smaller Cities 'Troubled by Oversupply'

Lack of development strategies and drivers of growth are blamed for problems facing the country's third-tier urban areas
By intern reporter Huang Jin

(Beijing) – The property markets in China's smaller cities are increasingly troubled by oversupply, the CEO of a real estate services company says.

On July 16, the real estate research institution CRIC Group released a ranking of 288 cities in the country according to the risks they faced. About 200 cities on the list were smaller, or third tier, cities.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter

LATEST VIDEOS

Latest Issue
On the Cover:

Kingdom Collaboration

An interview with the CEO of the Saudi kingdom’s oil giant points to closer ties between China and its largest crude supplier


Issue 89
May , 2015

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Kingdom Collaboration
An interview with the CEO of the Saudi kingdom’s oil giant points to closer ties between China and its largest crude supplier
Issue 89
05.01.2015

Subscribe       |       Newsletter        |        FAQ