Inside a Chinese Ghost Town of Abandoned Mansions | WSJ
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YouTubeThe Wall Street Journal
Inside a Chinese Ghost Town of Abandoned Mansions | WSJ
China’s property crisis is expected to get worse as sales of new homes plummet and indebted developers struggle to find funds to complete projects. Real estate giant Evergrande was recently forced to liquidate as more than 50 housing developers have defaulted on their debts in recent years. WSJ’s Jonathan Cheng travels to an abandoned ...
3.3M viewsFeb 19, 2024
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#Gravitas | China's housing boom was built on a great wall of debt. Senseless lending and construction has straddled the real estate sector with millions of empty apartments and billions of dollars in debt. Molly Gambhir gets you a report | WION
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