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Foreign Investors Exiting China

A two-month lockdown of the city of 25m people has forced the developer- Yanlord, to halt construction on the site in north Shanghai . Homebuyers have been on edge for months as some of the country’s largest developers default on bonds and struggle to deliver homes to ordinary Chinese buyers. Now Yanlord, until recently considered to be in tolerable shape, has been forced to tell customers they will not receive their properties on time. At least 20 housing developments across the city have announced similar delays. Many other property projects have been forced to stop selling units. Do you think that Chinese government what to control foreign investments at the expense of low class citizens ?

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