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Here's Why China Can’t Sort Out Its Property Market Mess

Here's Why China Can’t Sort Out Its Property Market Mess

Here's Why

August 22, 20257m 50s

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Show Notes

China’s property market has been in a downward spiral for five years, with little sign of the crisis abating. Even after the collapse of real estate giant Evergrande, values are continuing to plummet. Households in financial distress are being forced to sell properties, and apartment developers that racked up enormous debt on speculative projects are on the brink of collapse. Lulu Chen, who leads our team covering Asian real estate, joins host Stephen Carroll to discuss.

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