Home groan: China’s housing-sector crisis
Economist Podcasts
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China's Housing Crisis: Unraveling the Instability
This chapter explores the roots and ramifications of China's ongoing housing crisis, focusing on major developers like Evergrande and Country Garden. It discusses the Chinese government's local-level interventions to stabilize the market while addressing the complexities and challenges faced by struggling projects. The narrative connects the housing sector's decline to larger economic issues, highlighting potential threats to both public confidence and national stability.
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