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2min chapter
How did 6 million people in China buy homes that don’t exist?
What in the World
China's Pre-Sell Property System and Its Role in the Property Market Crisis
Exploring China's pre-sell system for property sales, this chapter examines the risks it poses to the market, the government's response led by Xi Jinping, and the subsequent impact on real estate companies and investor confidence.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode