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Economist Podcasts
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China's Troubled Housing Market
This chapter explores the complexities of China's housing market, detailing the crisis triggered by rampant construction and high developer debt. It examines government interventions, the prevalence of unsold homes, and the difficulties faced by local authorities in reviving the sector. Through the lens of Loyang's housing challenges, the chapter highlights the urgent need for effective policies to stimulate growth and stabilize the economy.
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