#Property long served as a vital growth engine as #China developed to become the world's second-largest economy but in 2020, regulatory curbs on #ExcessiveBorrowing and #speculation narrowed access to credit.

#MountingDebt and #StalledConstruction have plagued the sector's leading firms since. #PropertyMarketCrisis #YouthUnemployment #AgingPopulation

China waits anxiously for economic plan as gloom reigns
https://finance.yahoo.com/news/china-waits-anxiously-economic-plan-032845643.html

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China waits anxiously for economic plan as gloom reigns

Rows and rows of partially inhabited high-rises sprawl into the suburbs of the northern Chinese metropolis of Tianjin, their empty balconies emblematic of a ...

Yahoo Finance