Official data revealed a 20% drop in turnover in Shanghai's secondary housing market in May, leaving analysts to wonder if the drop might be a further signal of the beginning of the end... Read more
The Ministry of Construction ordered a stop to evictions of residents from state-owned land in a recent circular. The ministry said the move was aimed at slowing down investment in the prope... Read more
Shanghai property tycoon Zhou Zhengyi received a three-year prison sentence from Shanghai Number One Intermediate People's Court for document falsification and stock market fraud. Zhou,... Read more
Organizers of the 2008 Beijing Olympics announced that two nongovernmental tenders for the National Tennis Center and the National Field Hockey Center would be open to bids from foreign firm... Read more
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