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| Name | What This $100B Ghost City Reveals About China’s Property Crisis | WSJ |
| Video Uploader | Video From The Wall Street Journal |
| Upload Date | This Video Uploaded At 11-09-2023 14:01:02 |
| Video Discription | Country Garden, once seen as one of China’s most stable property developers, is now struggling financially, leaving the future of unfinished megadevelopments like the $100 billion Forest City in doubt. The real estate project in southern Malaysia was planned to house around 700,000 people, but only 9,000 people live there with most units left empty. So why are Chinese real estate companies like the Evergrande Group and Sunac falling into financial distress? WSJ explains why China’s real estate developers are in the red. 0:00 Forest City 0:48 China’s real estate market 2:56 What’s next? News Explainers Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news. #China #RealEstate #WSJ D0PxRxwTa50 |
| Category | News & Politics |
| Tags | forest city | china | china news | china real estate | china real estate crisis | china real estate collapse | china economy | ghost city | country garden china | real estate firms | souther malaysia | iskandar puteri | forest city malaysia | iglesia forest city | forest city malaysia ghost town | unfinished developments | megadevelopments | evergrande group | sunac china | sunac stock | country garden stock | southeast asia | singapore | johor | kuala lumpur |
