Million-Dollar Question Looms Large: How Far Has China's Real Estate Collapse Progressed?

In our previous episode, we discussed the tragic story of a successful individual, a CICC employee, who purchased a home at peak prices and was burdened with substantial mortgage debt. Following economic downturns and salary cuts, she was overwhelmed and tragically took her own life. Her story is a true reflection of the current state of China's economy. In this episode, we will analyze data from various angles to explore just how deep the real estate industry's bankruptcy crisis in China has become.
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