• Madeleine Bruder
• 30 Mar, 2021

At a half-built residential development a few blocks from Apple’s biggest iPhone plant in the central Chinese city of Zhengzhou, Wang Lina has made an unusual offer to attract business following a 10 per cent price drop over the past 12 months. Instead of requiring a standard 30 per cent downpayment, the sales manager has asked for a 5 per cent deposit and makes up the difference by offering a two-year, interest-free loan funded by the project’s developer.
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