#china #housingcrisis #theresearcher

While Putin strengthens his friendship with China, his eastern ally is getting tangled in an unpleasant situation known as the "Real Estate Crisis." For the past 20 years, the construction industry contributed significantly to the country's GDP, but now it's a different story.
Real estate is only bringing losses.

Thousands of projects are left unfinished. Major holding companies are going bankrupt.
Billions of dollars are going down the drain.

How did it come to this, and who will be pulled into the eastern black hole?
===========================================

Support us on Patreon -   / theresearcher  

The voice of The Researcher - https://www.voiceofgeorge.com/

===========================================

More about Politics -    • Global Events, politics  
Sources – https://docs.google.com/document/d/14...

===========================================

Navigation:
0:00 – Intro
2:30 – The Three Red Lines
5:50 – It Could Have Been Any Butterfly
8:42 – The Spiral Unwinds
12:50 – Shadow Moves
17:12 – How It All Broke Down

#china #housingcrisis #chinaeconomy #evergrande #realestatecrash #researcher #theresearcher