China's Global Scam: How the Housing Bubble Nearly Crushed the Economy

Описание: With the onset of COVID in 2019, China saw a peak in real estate prices. Since then, the country has been struggling with a prolonged crisis in both the residential and commercial property markets, while simultaneously building new ghost cities. We want to show you, through charts, tables, and comparisons, what this crisis means for China and tell the stories of how the nation’s and even the world’s largest developers went bankrupt, leaving thousands of projects unfinished and millions of homes abandoned.