Real Estate Developments and Property Cases · Full chronicle and history

According to sentinel surveillance data from the Chinese Center for Disease Control and Prevention, in the 29th week of 2026 (July 13 to 19), the COVID-19 test positivity rate in China surpassed that of influenza, remaining the leading respiratory pathogen for several consecutive weeks.

In the first half of 2026, the proportion of Chinese homeowners over the age of 60 listing their properties for sale soared to 22.7%, a significant increase from 11.3% in 2022.

On September 21, homeowners of Shengshijindu Estate in Chengdu's Tianfu New Area gathered to protest, accusing the developer of using banned techniques during tap water pipe construction, which polluted the water supply and threatened residents' health. After previous multi-party coordination failed, homeowners demanded a property refund on-site.

On September 21, due to four years of unpaid wages for migrant workers at the Zhaotong Sunac Jiutangfu project, workers dismantled the previously installed aluminum panel materials on-site, with multiple law enforcement officers and workers present to observe.

On September 17, at the entrance of the Huazhang Xuanhua Computing Power Hub Industrial Base in Zhangjiakou City, Hebei Province, multiple migrant workers hung a banner reading "Please pay last year's arrears of migrant workers' wages," publicly demanding their unpaid labor compensation.

On September 16, the homeowners association of Phase II of Xinghai Mingcheng in Beihai, Guangxi held a vote-counting box opening ceremony. Due to residents not participating in the vote, the scene faced strong boycotts. Residents immediately questioned the staff for staging a self-directed performance, exposing that the election process involved no voting and was purely a fabricated formality of public will.

On September 15, The Wall Street Journal published an article pointing out that while China can avoid a sudden financial crisis through its state-controlled financial system, the losses from real estate and bank bad loans will not disappear. Economist Michael Pettis believes that the losses will be borne by ordinary residents in the long run through low deposit returns and shrinking asset values, rather than manifesting in public forms such as bank failures.

September 14, Guangdong Shenzhen Jindi Center, multiple migrant workers went to the building to protest over unpaid wages. The workers said that before protesting they had completed legal procedures such as filing lawsuits and arbitration and had won, but still have not received the owed wages.

On September 14, 2026, multiple workers at the Guangdong Zhuhai Hengqin International Business Center, after more than three months of wage arrears, collectively went to the company to sit in protest and defend their rights.

Contractors for the China Co-op Wenxi Mansion project in Jishou City, Hunan Province, hung banners in front of the marketing center demanding payment after the developer defaulted on their payments.

On the evening of September 12, 2026, homeowners in the Cuiping Bay community of Baqiao District, Xi'an protested against unreasonable property fee charges. Video from the scene shows the owners shouting "Is there any law?" before police used violent methods to maintain order and arrested several protesters. The incident was shared online by netizens, who accused the police of abusing their authority.

On September 9, multiple workers from the Longhu Shangcheng project in Xianyang, Shaanxi, went to the sales office to demand payment of overdue wages, but were blocked outside the door by security guards.

The US Treasury Department sanctioned Turkey's Golden Global Bank and its subsidiaries, accusing them of providing money laundering and correspondent banking services for oil trade between the Iranian Revolutionary Guard and the Chinese Communist Party, cutting off Iran's financial lifeline in Turkey.

On the 50th anniversary of the Tangshan earthquake, CCP leader Xi Jinping was absent from the commemorative activities, with Premier Li Qiang attending on his behalf to conduct inspections, offer condolences, and present a flower basket.

Ukrainian President Volodymyr Zelenskyy stated that he has convened a 'deep strike' meeting and updated the list of priority targets for long-range sanctions against Russia, with Ukrainian military strike capabilities now exceeding 3,000 kilometers.

Former American Institute in Taiwan (AIT) Director Brent Christensen wrote an article on the Brookings Institution website stating that current U.S.-Taiwan relations are at their strongest and most comprehensive point since the establishment of diplomatic ties in 1979.

The host analyzes that Xi Jinping is viewed internationally as a dictator and is unpopular in Western countries; domestically, his control over the military is insufficient, the economy and people's livelihoods are in distress, and public dissatisfaction is widespread. A joint anti-Xi coalition of the military, police, and citizens is forming.

The program pointed out that Chinese youth face severe unemployment issues, and the real estate market continues its sluggish decline, leading to a large number of people facing bankruptcy. Many families resort to robbing Peter to pay Paul to repay mortgages, making life extremely difficult.

The program compares the massive growth of foreign exchange reserves during the terms of Hu Jintao and Wen Jiabao with the stagnation of foreign exchange reserves over more than a decade of Xi Jinping's rule, questioning where the huge amounts of foreign currency have gone.

On April 25, 2026, the blogger went to the Zhaoxin Hui office building in the core business district of Shenzhen for an on-site visit. The building has a grand exterior with 61 floors, but the blogger found that floors 21 to 60 were almost entirely vacant, and most floors were still in shell condition, with only the ground floor and the 61st floor finished. In the video, the blogger questioned why a skyscraper built with huge investment is largely idle, implying that the developer may have issues with cash flow or project progress.

The video mentions the economic depression in Shanghai, with desolation outside the Bund and Nanjing Road Pedestrian Street. Pudong Airport is sparsely populated, and the Dongchuan Line has ceased operation. Many second-floor shops in prime commercial areas of Baoshan District are vacant, with numerous empty storefronts along a one-kilometer stretch. Office vacancy rates are high on Sichuan North Road, with many remaining unfinished. The foreign street has also become quiet, and restaurants that were once overcrowded now have no available seats.

During the UN General Assembly in September 2025, Ukrainian President Zelenskyy warned the Russian leadership that Ukraine knows the locations of their bunkers.

In 2025, China's annual birth population was only 7.92 million, hitting the lowest record since the implementation of the two-child policy in 2016.

In the early morning of July 28, 1976, a 7.8-magnitude earthquake struck Tangshan, Hebei Province, causing massive casualties and property damage.