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China's real estate crisis, explained

China's real estate crisis, explained

FromPlanet Money


China's real estate crisis, explained

FromPlanet Money

ratings:
Length:
20 minutes
Released:
Nov 15, 2023
Format:
Podcast episode

Description

China's economic growth for the past few decades has been extraordinary. And much of that growth was fueled by real estate – it was like this miraculous economic engine for the country. But recently, that engine seems to have stopped working. And that has raised all kinds of questions not just for China but also for the global economy. Today on the show, we look at what's happening inside China's real estate market. And we try to answer the question: how did we get here?Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
Released:
Nov 15, 2023
Format:
Podcast episode

Titles in the series (100)

The economy explained. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening.