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By 2014, Chinese builders have added 100 billion square feet of housing space in China, equating to 74 square feet per person. Construction of urban housing was a major undertaking. The country has shown a major shift in allocating funds and resources to housing their people, building over 5.5 million apartments between the years of 2003 and ...
Traditional Chinese house architecture refers to a historical series of architecture styles and design elements that were commonly utilized in the building of civilian homes during the imperial era of ancient China. Throughout this two-thousand-year-long period, significant innovations and variations of homes existed, but house design generally ...
Real estate in China is developed and managed by public, private, and state-owned red chip enterprises.. In the years leading up to the 2008 financial crisis, the real estate sector in China was growing so rapidly that the government implemented a series of policies—including raising the required down payment for some property purchases, and five 2007 interest rate increases—due to ...
The persistent weakness in the housing market is hobbling China’s economic recovery. The country’s gross domestic product expanded by a better-than-expected 4.9% in the third quarter ...
A siheyuan (Chinese: 四合院; [sɹ̩̂.xɤ̌.ɥɛ̂n]) is a type of dwelling that was commonly found throughout China, most famously in Beijing and rural Shanxi. Throughout Chinese history, the siheyuan composition was the basic pattern used for residences, palaces, temples, monasteries, family businesses
China's blue-chip CSI 300 index rose 2% and the yuan firmed following the report. The property sector has been in a deep slump for years hit by a debt crisis among developers. ... China's housing ...
An empty corridor in the mostly vacant New South China Mall. The 2005 Chinese property bubble was a real estate bubble in residential and commercial real estate in China. The New York Times reported that the bubble started to deflate in 2011, [1] while observing increased complaints that members of the middle class were unable to afford homes in large cities. [2]
Homelessness in China is a social issue. In 2011, there were approximately 2.41 million homeless adults and 179,000 homeless children living in the country, 0.18% of the country population. [ 1 ] However, owing to government policies and housing schemes, China has managed, to some extent, to tackle the problem.