China Economic Quarterly

December 2001

The Nesting Game: The Rise Of China’s Housing Market


In Q3 1997, CEQ reviewed Premier Zhu Rongji’s ambitious plans to push private housing as China’s focus of domestic consumption. Since then, not everything has gone to plan, but much has changed. We look at the current state of China’s housing market, the government’s efforts to promote home ownership, the emergence of local consumers as home buyers, and the businesses – some of them foreign – that are benefiting from a nascent home improvements market.

Also in this issue:

  • Bank cards: China’s card-carrying masses

  • The Beijing Olympics: is there a commercial opportunity?

  • Monkey King: Ekkehard Rathgeber

Tomas Wiik1997-01