Hosted on MSN1mon
China’s Local Governments Settle Overdue Bills With Apartments, Not Cash
HONG KONG—In recent years, Chinese property developers have been so strapped for cash that they have used unsold apartments to settle debts to construction companies and furniture suppliers.
Why some Hong Kongers live in homes smaller than a parking space, by the numbers
Landlords in Hong Kong, a city with a notoriously high cost of housing, have found they can make more money by dividing a ...
Discover the world’s largest residential building housing 20,000 people across 39 floors
Regent International Apartment Building in Hangzhou, China, is the world's largest residential building, housing over 20,000 ...
朝日新聞社19d
10 killed in apartment fire in northwest China’s Xinjiang
BEIJING--A fire in an apartment building in northwestern China’s Xinjiang region has killed 10 people and injured nine, authorities said Friday, in the second major fire accident in the country ...