Suburban sprawl reshaping real estate competition in booming Chinese cities.
The article discusses how urban expansion affects building developers in suburbs. It explains the process of suburbanization and its impact on developers' market selection, positioning, and development structure. Using a city model, the study analyzes competition among developers in different stages. The research shows that most Chinese cities are currently in a circular competition stage, but as populations and industries grow in suburbs, competition will shift to a plate pattern.