
Just How Bad Is the Economy Getting in China?
Odd Lots
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China's Real Estate Crisis Unveiled
This chapter explores the significant challenges facing China's economy, particularly within its real estate sector, which accounts for about 30% of GDP. It examines the effects of the COVID zero policy, financial struggles of developers, and a notable mortgage boycott among buyers, amidst rising concerns of a potential property market collapse. Through a detailed analysis of government interventions and demographic shifts, the chapter highlights the complexities of navigating economic stability while addressing the unsustainable practices that have led to current turmoil.
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