Pressure Mounts as Chinese Skyscrapers Stand Empty: A Price War Erupts Among Developers

In a remarkable turn of events, the skyline in several Chinese cities is reflecting a shocking reality: many towering skyscrapers stand empty, signaling a troubling oversupply in the property market. This precarious situation has ignited fierce competition among developers, leading to drastic price cuts in an attempt to attract potential buyers and tenants.

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