News Analysis
China’s declining housing market was a topic Gao Lixin and her family avoided during this Chinese New Year.
China’s Property Sector Faces ‘Total Meltdown’ Despite Stimulus Push, Experts Say
‘China’s real estate industry has not yet reached rock bottom, but the moment is approaching,’ an economist says.
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The aerial view shows residential buildings under construction by Chinese real estate developer Vanke in Hangzhou, in eastern China's Zhejiang Province, on March 15, 2024. STR/AFP via Getty Images
By Lynn Xu and Kane Zhang
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