In 2017, China’s investment in real estate development reached 11 trillion yuan (US $1.7 trillion), a 7% increase year-on-year. A significant chunk of this capital went into Tier 2 and 3 cities, which had seen stunning increases in population growth in recent decades. Soon, Tier 4 cities were also growing. Against this backdrop, Country Garden,
Source: Knowledge @ Wharton
Country Garden’s People-centered Growth Strategy