“We understand that at least half a dozen Chinese developers have put their land holdings on sale to other developers or land bankers, with sites that can ­accommodate at least 300 units,” said Carrie Law, Chief Executive and Director of Juwai.com, a real estate portal for Chinese international property buyers. “They paid too much for the land and know too little about building. It’s cheaper to sell now and lose a little money than it would be to go forward with ­construction and lose much more money,” reports South China Morning Post (17 April 2019).