China property developers diversify into health care
Most are making a gradual transformation but some have retreated completely from real estate
Thu, Jul 09, 2015 - 5:50 AM
CHINESE real estate developers have begun chasing what they see as the country's next big business opportunity - the healthcare market. As the world's second largest economy expands at its slowest pace since 1990 and rising land costs curb profit margins, many debt-ridden...