Big Take Asia Podcast
Why Half a Trillion Dollars May Not Be Enough to Solve China's Housing Crisis
On today’s Big Take Asia podcast, what the Chinese government is doing to try to rescue its ailing property market — and what’s at stake if it fails.
A residential building under construction in Shanghai.
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China’s property crisis has become a massive headache for the world’s second-largest economy. Tens of millions of newly built apartments lie vacant, home prices have tumbled and cash-strapped developers are struggling to finish construction.