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
One dead, two in hospital after knife-fight in Melbourne park
Ukraine’s highest profile combat unit to recruit English-speaking soldiers
Biden extends temporary protections for nearly 1 million immigrants