{"id":732288,"date":"2026-06-29T05:36:21","date_gmt":"2026-06-29T05:36:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/732288\/"},"modified":"2026-06-29T05:36:21","modified_gmt":"2026-06-29T05:36:21","slug":"chinas-state-developers-power-shenzhen-construction-despite-market-woes","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/732288\/","title":{"rendered":"China&#8217;s state developers power Shenzhen construction despite market woes"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/business\/markets\/property\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Property<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">Conglomerates dominate prime projects as private sector struggles<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/06\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/8\/3.jpeg\" alt=\"20260624 marivista\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">This project in Shenzhen, called Marivista,\u00a0is a joint\u00a0development\u00a0by state-owned conglomerates China Merchants Group and China Resources. (Photo by Wataru Suzuki)<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">SHENZHEN &#8212; China&#8217;s state-owned property developers are fueling a frenzy of construction activity in the southern city of Shenzhen, even as the private sector reels from fresh signs of a market downturn.<\/p>\n","protected":false},"excerpt":{"rendered":"Property Conglomerates dominate prime projects as private sector struggles This project in Shenzhen, called Marivista,\u00a0is a joint\u00a0development\u00a0by state-owned&hellip;\n","protected":false},"author":2,"featured_media":732289,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,8584,12514,8160,71855,101,3747,5568,13563,13109,8588],"class_list":["post-732288","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-chinas","tag-construction","tag-despite","tag-developers","tag-economy","tag-market","tag-power","tag-shenzhen","tag-state","tag-woes"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/732288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=732288"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/732288\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/732289"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=732288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=732288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=732288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}