Beijing rental yield is 1.5% - 2% now officially, it is probably less in reality. Shanghai is around 3%.

China and India probably share similar low rent yields in cities with more speculative real estate markets.

Interesting, I thought yields should be 7% of capital allocated. Otherwise put it in the stock market. This might mean that 2% yield means leverage, if you borrowed 83.34% of purchase price to buy a property and put in 16.66% of your own money then I guess an allowed 2% yield translates I to 7% yield on the capital you deployed. Provided interest on the loan was 1%...this no doubt contributes to Evergrande potential defaulting.

The Chinese stock market has way too much insider trading for it to be considered a reliable source of investment, unless you have inside information. Your only option to wealth building is to start a company or buy a house.

Rental yield in Mumbai: 2-3%

https://www.commonfloor.com/guide/price-rent-ratio-grows-in-...

This is interesting. Can you elaborate about Mumbai?