This book, edited by Zhang Guohua, Practice Professor of Urban and Real Estate at the Shanghai New York University (NYU Shanghai) EM Urban and Real Estate Research Institute, is the first academic monograph in China that systematically explains Real Estate Investment Trusts (REITs) from a global perspective while integrating practical local analysis. The book is co-authored by 22 senior professors and corporate executives from New York University, Shanghai New York University, and industry institutions. It is divided into three parts, focusing respectively on the development history and reference significance of international REITs, the theoretical foundation and practical pathways of REITs in China, and case studies of typical REIT projects.
At a critical juncture when China’s real estate industry is accelerating its transformation and policies on publicly offered REITs are continuously advancing, the publication of this book provides an important theoretical framework and practical guide for the industry, as well as valuable insights and references for practitioners.
This book is a translation and revision by Professor Zhang Guohua of the Shanghai New York University EM Urban and Real Estate Research Institute, based on his French-language doctoral dissertation in philosophy. Its research objective centers on the "Laozi" bamboo slips unearthed in 1995 from a Warring States period Chu tomb at Guodian in Jingmen, Hubei, while also incorporating the Mawangdui Han tomb silk manuscript "Laozi" from Changsha and the received Wang Bi edition of "Laozi." By combining archaeological materials with transmitted texts and drawing on the research achievements of numerous scholars and predecessors, the work comprehensively elucidates the content and nature of the Guodian bamboo slips "Laozi." It further seeks to unravel the long-debated mysteries surrounding Laozi as a historical figure and the textual history of the "Laozi," aiming to restore the complex, centuries-long historical truth of the book’s formation.
Building on textual research of the "Laozi," the author attempts to reconstruct the original virtue and Dao philosophical system of Laozi himself—characterized by a "negative" philosophy centered on "non-being" and "negation," as well as a philosophy of reverse growth marked by "weakness" and "return." Additionally, the work traces the evolution of Daoist philosophical thought from Laozi’s own "Laozi" to the versions developed by his disciples, and further to the Daoist philosophy reflected in the Huang-Lao school’s silk manuscript "Laozi" and the received Wang Bi edition.