Urbanization and Real Estate Investment in China
The move away from a planned economy and the apprenticeship of capitalism, which is sometimes uncontrolled in the real estate sector, have led to a series of imbalances between cities and the countryside. It is possible to think that the worst imbalances (in terms of the human and environmental costs of urbanization), which were wittingly accepted for a long time in order to allow the country to open up and to promote break-neck growth, are tolerated less and less and becoming politically intolerable. Urbanization has definitively and deeply modified daily life in China and the expectations of the population, even if these are not expressed in the ballot box. This article assesses China's unprecedented urbanization movement and describes the changes in China's rules of the game, together with the emergence of a more-or-less chaotic real estate market.
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Urbanization and Real Estate Investment in China
Center for Asian Studies
Asia is a nerve center for multiple global economic, political and security challenges. The Center for Asian Studies provides documented expertise and a platform for discussion on Asian issues to accompany decision makers and explain and contextualize developments in the region for the sake of a larger public dialogue.
The Center's research is organized along two major axes: relations between Asia's major powers and the rest of the world; and internal economic and social dynamics of Asian countries. The Center's research focuses primarily on China, Japan, India, Taiwan and the Indo-Pacific, but also covers Southeast Asia, the Korean peninsula and the Pacific Islands.
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