China's housing prices are far from reaching the bottom, economist says
6:26
China's housing prices are far from reaching the bottom, economist s…
Dec 11, 2023
CNBC
11 reactions | China's real estate industry grew at lightning speed from the late 1990s and was a major driver of the country's turbocharged economic expansion. But with growth slowing and debts swelling, authorities cut off access to easy loans in 2020, creating a bigger crisis for embattled property developers. How has the crisis in the property sector -- one of the most important pillars of the nation's economy -- affected the lives of people in China? | AFP News Agency | Facebook
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11 reactions | China's real estate industry grew at lightning speed fr…
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31K views · 238 reactions | Can you afford a house in China? China now has some of the highest housing prices in the world. Find out what is driving the prices up! | China Matters | Facebook
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China’s Housing Slump Is Much Worse Than Official Data Show
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China’s Housing Slump Is Much Worse Than Official Data Show
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Bloomberg.comBloomberg News
China’s property market is in crisis. Home prices are falling, developers are defaulting and people are angry. The worry is that a total collapse will bring down an already faltering economy. Bloomberg Originals explores how the real estate sector became such a mess and what the implications could be for the global economy.
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China’s property market is in crisis. Home prices are falling, developer…
May 26, 2024
Bloomberg.comBloomberg News
48K views · 400 reactions | Could a Chinese housing firm cause a global financial meltdown? Evergrande has debts of $305bn and there are fears China might be about to witness its biggest ever corporate collapse. On BBC Newsnight, economists Dr Linda Yueh and Prof Kenneth Rogoff talk about the "wide-ranging" impact this could have on the world. https://bbc.in/3jt02Qv | BBC News | Facebook
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