The Bottom Line cover image

Changing China

The Bottom Line

00:00

Is There a Hidden Problem in the Property Market?

Second and third cities in China have seen property prices collapse. Land sales fell by 90% last year, leaving local authorities with no money to spend on building projects. There's an awful lot of half finished buildings around which builders are unable to finish off. And so there is a real problem in the whole of the property market as well.

Transcript
Play full episode

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