China’s economy has been transforming rapidly over the last 25 years. As a result, Chinese conurbations have changed significantly, with cities expanding both vertically and horizontally in order to offer more space for residents, office and industrial workers, and for commercial purposes. This has provided vast opportunities for investors, real estate developers and service companies, but also presents huge challenges – as traditional city spaces have been reconfigured, environmental risks and the volatility of real estate markets have increased. However, the opportunities appear to outweigh the risks, and engagement with China is becoming strategically important for many. Exploring how international real estate professionals can understand China’s variegated real estate market, players and dynamics, and how they can avoid the risks, this book offers a concise and thoughtful introduction to all relevant areas of real estate, including economic, legal, tax, planning and financing issues.
