BEIJING: The head of one of China's biggest property firms has been "taken away" by police, state-backed media reported on Thursday (Jan 16), as a prolonged housing slump continues to hit the world's second-largest economy. Zhu Jiusheng, CEO of Vanke, was "taken away by public security authorities", the Economic Observer reported, citing sources. Hong Kong-listed Vanke, which is part-owned by the government of Shenzhen, was China's fourth-largest real-estate firm by sales last year, according

Tag-uri: Real Estate