In this insightful discussion, Emily Feng, an NPR international correspondent with a focus on China, delves into the severe real estate crisis facing the nation. She explains how China's once-mighty real estate market, an engine of economic growth, has come to a standstill, raising concerns for global markets. Feng also highlights the challenges faced by developers, including growing debt and regulatory shifts. The conversation vividly illustrates the systemic risks and ethical dilemmas bred in the competitive landscape of China's property sector.