China's big developers shrug off short-term virus impact to splurge on land: The Straits Times

Following an 80% to 90% recovery last month, most China developers are expecting a pick up in sales this month. This expectation is backed by a 136% surge in sales volume after the lifting of travel restriction. China’s top developers are planning to snap up government land sales this year especially since government had announced a slew of measures to support the economy.

Source: https://www.straitstimes.com/business/property/chinas-big-developers-shrug-off-short-term-virus-impact-to-splurge-on-land

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