Tuesday, January 22, 2008

Property closures highlight need for stringent rules

TWO recent scandals involving big real estate agencies from southern China are damaging the credibility of domestic property agencies and local experts are calling for more stringent regulations to ensure the healthy development of the sector.

In November, Jiang Fei, founder of Shenzhen-based Zhong Tian Real Estate, a well-known property agency which had as many as more than 150 branches and employed 2,000 people across China

China Properties News

Craigslist beijing real estate