Property developers struggle to rebuild confidence in housing market after three years of economic pain
Gold bars, new cars and mobile phones are among the incentives being offered to potential homebuyers by Chinese property developers as they grow increasingly desperate to boost sales.
Huafa Tianfu, a developer in the eastern city of Hangzhou, has been offering up to a kilo of gold bullion to tempt people into buying its flats.
More Stories
China ‘evaluating’ US offer to engage in trade negotiations
AfD ‘extremist’ label sets up political high-wire act for Friedrich Merz
US designates two powerful Haitian gangs as terrorist groups