Chinese Buyer Loses Faith After Evergrande Collapse

NTD Newsroom
By NTD Newsroom
February 19, 2024China in Focus
share

Following the collapse of Evergrande, China’s once-largest developer, around 20 million unfinished housing units have been left in China.

In the northern Chinese city of Shijiazhuang, one buyer said he’d “lost confidence” and didn’t want to invest in China again.

 

China in Focus Weekly Newsletter
Find out what's really going on in China
By registering for the newsletter, you agree to the Privacy Policy.
Comments