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Business Daily: Beijing's Property Problem

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Beijing's Property Problem

08/11/2016 GMT

BBC World Service - Business Daily, Beijing's Property Problem

A special edition from Beijing on how sky-high property prices are affecting locals.

A special edition from Beijing on how sky-high property prices are affecting locals looking for a home, and what the Chinese have made of the US presidential election so far.

Rob Young reports from Beijing where sky-high property prices and speculation by investors has pushed home ownership beyond the reach of many residents. He sees how new developments shooting up across the city will do little to help the Chinese capital's still-swelling population. And as Americans go to the polls to choose their next president, he finds out what young Beijingers have made of the campaign so far, and speaks to James Zimmerman, head of the US Chamber of Commerce in China, about where US-Chinese relations go from here.

(Photo: A new housing complex under construction in Beijing, Credit: Getty Images)

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