Chinese builder planning $7.5bn of developments ONE of China's largest developers, the state-owned Greenland Holdings Group, plans to take advantage of the Chinese appetite for Australian property and become a huge force locally, unleashing a $1.5 billion investment war chest next year. Greenland, a household name in China but little known here, has revealed its three to five-year growth plan to The Weekend Australian. This could see it undertake projects worth $7.5bn by 2018 in local developments.