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Chen Yen
journalist at BBC’s Chinese service in Hong Kong
Best podcasts with Chen Yen
Ranked by the Snipd community
Oct 10, 2023
• 14min
How did 6 million people in China buy homes that don’t exist?
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Fan Wang, a BBC reporter in Singapore, discusses societal pressures and challenges young people face to be home owners in China. Chen Yen, a journalist at BBC’s Chinese service in Hong Kong, explains the details of the housing market crisis. The podcast explores the implications of a collapse in China's property market and the risks faced by millions who paid for non-existent homes. It also delves into the growth and transformation of China's real estate industry and the role of China's pre-sell system in the crisis.
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