2025-10-03 09:12
Hair-on-Fire Urgency: State-Owned Enterprises Rush to Dump Properties, Wails All Around
In 2022, the demolition of 15 unfinished buildings in Yunnan took only 15 seconds. (Video screenshot) [People News] China’s real estate market continues to slump. Housing prices in many first- and second-tier cities have plunged, causing the wealth of many…