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'It will take a long time before the Chinese real estate crisis is resolved'

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Published on Dec 25, 2024

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The crisis in the real estate sector is still the biggest cause of the huge slowdown in economic growth in China, says sinologist Boudewijn Poldermans. Despite measures in the second half of the year to stabilize the housing market, the supply is still far too large. There are approximately 90 million vacant properties and this malaise actually started in 2014. 'And it will take a long time before that is straightened out a bit.' Read the entire article on bnr.nl: 'It will take a long time before the Chinese real estate crisis is straightened out' (https://www.bnr.nl/nieuws/economie/10...) See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.

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