China Bet It All on Real Estate. Now Its Economy Is Paying the Price.
After relying on a borrow-to-build model for decades, Beijing must make difficult choices about the country’s housing market and economic future. [Source]
Publication Date:Origin: nytimes.com
Category: Real Estate and Housing (Residential)
Topics: future, economic, market, housing, country’s, choices, difficult, Beijing, decades, model, borrow-to-build, relying, After, Price, Paying, Economy, Estate, China
Source: https://www.nytimes.com/2023/10/16/business/china-evergrande-country-garden.html