{"id":27829,"date":"2021-11-24T00:30:19","date_gmt":"2021-11-24T00:30:19","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=27829"},"modified":"2021-11-24T00:30:19","modified_gmt":"2021-11-24T00:30:19","slug":"major-chinese-cities-cut-land-auction-prices-by-up-to-20-per-cent-to-lure-cash-strapped-developers-amid-market-gloom","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=27829","title":{"rendered":"Major Chinese cities cut land auction prices by up to 20 per cent to lure cash-strapped developers amid market gloom"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostMajor cities in China are slashing the price of land they are auctioning off in an effort to attract bids from cash-strapped property developers facing a market downturn.Beijing put 12 parcels of land on the market on November 19, including two in eastern Chaoyang district with a combined reserve price of 4.8 billion yuan (HK$5.9 billion), 15 per cent lower than they were priced in September.The two plots failed to find buyers at the last auction in September, when they were offered as one\u2026<a href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3157037\/major-chinese-cities-cut-land-auction-prices-20-cent-lure?utm_source=rss_feed\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostMajor cities in China are slashing the price of land they are auctioning off in an effort to attract bids from cash-strapped property developers&hellip; <\/p>\n","protected":false},"author":0,"featured_media":27830,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/27829"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27829"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/27829\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/27830"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27829"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}