Hundreds of angry homeowners gathered last weekend to protest what could become a growing trend of price slashing in housing markets around China. Developers of a Pudong apartment complex started offering discounts of up to 30%, enraging buyers who had already invested in the development, as they essentially watched a chunk of their money evaporate. Hundreds gathered in the face of riot police to trample the developers' offices and show their general discontent. more ›

Thinking of buying that swank new apartment in the French Concession? Now's probably not the time. more ›

Cathay Pacific and Air China's parent company abandoned an attempt to block Singapore Airlines from buying a stake in China Eastern, as the battle for the lucrative Chinese market heats up. more ›