China’s Collapse Has Begun - $10 Trillion in Debt, 70 Million Jobless
13:30
Microsoft NewsEconomics Explained
China’s Collapse Has Begun - $10 Trillion in Debt, 70 Million Jobless
China’s economy is facing serious challenges, from civil unrest and zero-COVID policies to a struggling real estate market and rising debt. While a total collapse is unlikely, it’s worth asking: What would happen if the world’s second-largest economy actually collapsed?
4 weeks ago
China Real Estate Crisis
After years of accelerated growth, the real estate sector in #China 🇨🇳 is in crisis. The biggest developers are crumbling under colossal debts, the construction of hundreds of buildings has been put on put on hold for months, or even years and apartment owners are left with the consequences. Learn more with our daily #FOCUS ⤵️ | FRANCE 24 English
4:42
After years of accelerated growth, the real estate sector in #China 🇨🇳 is in crisis. The biggest developers are crumbling under colossal debts, the construction of hundreds of buildings has been put on put on hold for months, or even years and apartment owners are left with the consequences. Learn more with our daily #FOCUS ⤵️ | FRANCE 24 English
FacebookFRANCE 24 English
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