"Houses are for living, not for speculation" is a Chinese political slogan to curb excessive speculation in the real estate market. The phrase was coined by Xi Jinping, the general secretary of the Ch
Xi Jinping in December 2016
Xi Jinping meets Putin May 2026
The Chinese real estate crisis is an ongoing financial crisis sparked by the 2021 default of Evergrande Group. Evergrande, along with other Chinese property developers, experienced financial stress in
Houses are for living, not for speculation
…Chinese property bubble (2005–2011) Chinese property sector crisis (2020–present)…
Residential buildings developed by Evergrande in Yuanyang County, Henan
American Ambassador to China Terry Branstad visiting a Bo'ao hospital jointly established by Evergrande and Brigham and Women's Hospital, 2018
Housing development in Shenzhen