It's been said that even China's population of 1.4 billion couldn't fill all the empty homes. Many are high-rise apartments in gleaming new financial districts that initially failed to take off.

China’s property market shows tentative signs of stabilisation in major cities like Shanghai, but the broader recovery remains fragile amid a massive overhang of around 90 million empty or unfinished ...

In THE first decade of Xi Jinping’s rule, builders in China poured more concrete than America did in all of the 20th century. Urban areas expanded by 40%. No longer. In the past five years the ...