A Chinese developer behind one of Sri Lanka’s biggest projects has reason to celebrate as a luxury property boom lifts sentiment in the South Asian nation and fuels optimism about the market’s prospects.
Analysts, however, cautioned that a string of disappointing Chinese overseas property investments over the past decade underlined the risks of speculative excess that could lead to a boom-to-bust scenario, particularly in a country where regulation remained uneven.
“Chinese developers, having…
Source : South China Morning Post
Read more…Sri Lanka’s property boom gives Chinese developers hope. But familiar risks linger















