Li, Heng; Li, Vera; Skitmore, Martin; Wong, Johnny Kwok Wai - In: Construction Management and Economics 27 (2009) 6, pp. 567-579
The execution of 'macro-adjustment' policies by the central government to cool down the overheated real estate market in the past few years has created an unfavourable operating environment for real estate developers in Mainland China. Developers need to rethink their business model and create a...