This chapter delves into the challenges faced by China's real estate market, including government restrictions and a slowdown in demand, and discusses the need for a transition in the market amidst exorbitant housing prices and decreased migration opportunities.
As China transitions from an industry-based economy to a high-tech one the country also is dealing with a troubled real estate market. Asia Times columnist David Goldman provides valuable insights regarding China's trade impact and its future role in the global economy. Get the facts first on Morning Wire.