Real Estate Industry in China

2017-09-19 17:55:57

Huang Nubo, president of Beijing Zhongkun Investment Group, opines that the real estate industry in China has slumped down to a vicious circle, like quenching thirst with poison, where the whole industry bears trillions of assets and debts at the same time while its sluggish capital turnover is nibbling up its profits and interests. Smaller real estate businesses may have chances to turn around, but the bigger players may not get away from going bankrupt.

« NEXT
PREVIOUS »

Newsletter | Useful Links | Taiwan CPA & Legal Services | Auditing | Corporate Tax Services | Internal Audit Services | China Accounting Practice | Tax Blog
Tel: 886 2 2325 3256 | Fax: 886 2 2325 2065 | Taipei Address: 10F, No 38, Section 2, Dunhua South Road, Taipei 106, Taiwan
© Copyright 2024 Good Earth CPA - Taiwan Chartered Accountant - All rights reserved.