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China's real estate crisis, explained

2023-11-15 00:00:00 +0000 UTC ·20m 17s ·by NPR
China's real estate crisis, explained
Planet Money
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About this episode

China’s economic growth for the past few decades has been extraordinary. And much of that growth was fueled by real estate – it was like this miraculous economic engine for the country. But recently, that engine seems to have stopped working. And that has raised all kinds of questions not just for C