SHANGHAI -- The combined assets of China's largest real estate companies would fall below total liabilities if the value of their properties yet to be completed declines by a third, figures compiled by Nikkei show.
Housing market slump weighs on unfinished projects stuck on balance sheets

Work has stopped on this partly built outlet mall in China's Anhui province. (Photo by Noriyuki Doi)
SHANGHAI -- The combined assets of China's largest real estate companies would fall below total liabilities if the value of their properties yet to be completed declines by a third, figures compiled by Nikkei show.