Published: Aug 17, 2024, 06:55 IST | Updated: Aug 17, 2024, 06:55 IST
World Business Watch Aug 17, 2024, 06:55 IST
Will China's property crisis prolong?
We turn our focus to China's property crisis. Bloomberg intelligence reports that China's property crisis is not likely to be fixed anytime soon. Reason: at least 48 million homes have been sold before the construction is finished. Now, developers are finding it difficult to find the funding to finish these unbuilt homes.