China debt crunchChina-listed developers with 100bn yuan in 1st-half sales dwindle to 5
Evergrande, Country Garden sink; military-backed Poly rises with state peers
A Poly Developments real estate complex in Yichang, in China's Hubei Province. The state-owned company is one of the few that still rung up more than 100 billion yuan in contracted sales in the first half. © Getty Images
KENJI KAWASE, Nikkei Asia chief business news correspondent
HONG KONG -- The Chinese Communist Party's long-awaited third plenum wrapped up this week without producing clear and immediate relief for the country's ailing property sector -- troubles illustrated by the latest data on developers' dwindling contracted sales.