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Zhengzhou housing project bailout funds go to office building project; purges rack up as Xi seeks accountability over various regime problems

     SinoInsight  1        Real estate sector report Aug. 5 Beike Research Institute published a survey report on housing vacancy rates in 28 of China’s major cities in 2022 (2022年中國主要城市住房空置率調查報告). The report stated that the average housing vacancy rate in 28 medium- and large-sized cities in China is 12 percent, a relatively high figure. …

Read moreZhengzhou housing project bailout funds go to office building project; purges rack up as Xi seeks accountability over various regime problems

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