7am cover image

Ghost cities: Is China’s economy about to crash?

7am

00:00

China's Real Estate Market Is Imploding

There are enough empty homes in china right now to house about 90 million people. 15 unfinished buildings were blown up within forty five seconds. Investors and some employees have descended on shen jen, at the headquarters of property giant evergrand. The company is so big that some say the fall out could have ripple effects beyond China.

Play episode from 03:20
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app