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2min chapter
China's real estate crisis, explained
Planet Money
Intro
This chapter explores the severe real estate crisis in China, detailing its impact on the global economy given the staggering $60 trillion asset value in real estate. It addresses the difficulties faced by developers, including defaults and missed payments, while considering the potential effects on international markets and investors.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode