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Business

Anthony Couse -- How technology is transforming China's real estate industry

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Go ahead, take a leap from the fifth floor of this Shanghai mall -- and slide all the way to the ground.   © Reuters

From artificial intelligence to virtual reality, the real estate sector, like many other industries, is seeing huge disruption caused by rapid technological advancement. Having spent more than 24 years in Asia-Pacific, 10 years of them in China, I believe we're reaching a tipping point that will transform the industry.

Nowhere has technology driven more change than in China. Baidu, Alibaba Group Holding and Tencent Holdings have become global leaders in online services, in part thanks to their success in the enormous Chinese market. Going forward, a question many are asking is: How will technology impact the future growth of Asia-Pacific's biggest economy?

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