Chinese homebuyers

ZHENGZHOU, CHINA: Gao Zhuang says he has refused to pay his mortgage for months, a desperate protest against the Chinese property developer he blames for endless delays on the unfinished apartment he bought years ago for his son.He is one…

A rapidly increasing number of disgruntled Chinese homebuyersare refusing to pay mortgages for unfinished construction projects, exacerbating the country's real estate woes and stoking fears that the crisis will spread to the wider…