Shanghai homebuyers warn of mortgage boycott as property crisis spreads to mainland China’s financial and commercial hub

Homebuyers in Shanghai have threatened to stop repaying mortgages as they protest against a developer's delay in handing over flats These boycott warnings come at a time when property sales are sinking and could further pressure the liquidity starved sector Dozens of homebuyers in Shanghai have threatened to stop repaying mortgages as they protest against ...

Can China solve its property crisis?

Property, a mainstay of China’s economy, is in deep trouble. Tougher banking regulations, a slowing economy and massive over-supply are pushing developers to the brink. ( read original story ...)