China's property market crisis | World Business Watch | English News | WION

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Now, we look at the latest developments in china's property market crisis. Local governments in China are reducing regulatory curbs. As a result, a pricing war is engulfing China's new home industry, and developers are scrambling to recoup funds.
#china #homepricing #market

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China survives amid a lot of crises during thousands of years.

袁大陸
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Philippines - 2 gold medals.
India - 0 gold medal.

Philippines gdp per capita $3726.
India gdp per capita $2485.

latiendaca
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Well china built more apartments than they really need while india is lacking of proper accomadations

tedwong
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population decrease , asset value decease, unless attracted immigrat.

RT-ulry
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Price drop pairing with happy jobs ~ pipe dream except no jobs… buyers still the top 5%🤷‍♀️

ahvidaneidavirgilluminous