Abstract In this research paper, we divide the paper into two sections. In the first section, our group is going to examine in the past few years how and why the Chinese property fluctuate. We will begin our discussion with the economic crisis in 2007 and how it affects the Chinese economy. Then, to reduce the downturn damages of the crisis what did the Chinese government do and the consequences of the government action. Moreover, at the end of the first section we will have the very recent state of Chinese property market. In the second part, we will focus on the biggest property company China Vanke Co. Ltd. And, we will have the detailed information and features relating to this firm. At the end, we will give the solutions of how did this company face the fluctuation of Chinese property in different time period. We will give our solutions and the consequences that the solutions might result. Economic Issue - Chinese Property Market In 1979 under Deng Xiaoping's leadership, Shenzhen, Shantou, Xiamen and Zhuhai were assigned as the Chinese special economic zone. In the next year, preliminary stage of Chinese property market started in Shenzhen and Guangzhou as a pilot project on commercial property. Since then the Chinese property market has experienced ups and downs. After the Hainan property bobble in 1994 and Asian financial crisis in 1998, the property market developed very rapidly in China from 1999 to 2007. Moreover, the economic downturn in 2007 was also a turning point for Chinese real estate market. Since the United States is a developed country it has economic connections with most of other countries in the world. Therefore, issues originated from the American subprime crisis, evolved and spread out and eventually became the world financial crisis. Sebastian Dullien (2010) found the following through study: As the recession threatened to spread globally, many developing and emerging-market economies undertook resolute countercyclical monetary and fiscal actions in parallel with those of developed countries, mainly the United Kingdom and the United States. (p.20) Countries that suffered the crisis such as the US and UK, they are the main partners with China. When the global economic crisis came they intended to reduce spends on import whether it is the government or the individual firm in the country. Therefore, Chinese economy suffered as well but indirectly. As the result of export diminishing, sixty-seven thousands of export companies and manufacture factories in China were going out of business. As a result the unemployment rate rose in China. During the high unemployment rate period people were not willing to spend their money especial