Press "Enter" to skip to content

Chinas land sales slowed in August amid tightening policy

China's land sales slowed in August despite accelerating home sales as developers turned more cautious amid the latest government efforts to restrict fund flows to the real estate sector to curb financial sector risk.

The 31 major Chinese developers' land reserves increased by 34.56 million square meters in August, down 6 per cent from a month earlier, and the value of the new land reserves was 167.6 billion yuan, falling 4 per cent from . . .

To continue reading, please subscribe and you will get:


  • THE WIRE - An all-in-one platform with up-to-the-minute updates of market-moving news and views sources via a network of journalists, traders, brokers, analysts, etc. and from multiple credible news outlets in mainland China. We The Wire 24/7, we walk you through every trading day in mainland China and Hong Kong.
  • DETAILS - General information is everywhere, but information with details is rare.
  • WEEKLY NEWSLETTER - A summary of the week's top news distilled into one email.

FREE TRIAL cancel anytime

Already have an account? Sign In