China Property Crisis vs India Real Estate Boom

2024 • 5min • News • Business


Published On: May 22, 2024 - The Chinese real estate market is struggling. After Evergrande and Country Garden, China Vanke is the latest to feel the tremors. With the sector contributing nearly 30% to China's GDP, its troubles have prompted a $138 billion government bailout, raising concerns about the country’s economic stability amid mounting debt and falling demand. News9's Kartik Malhotra explains China's property crisis versus India's real estate boom.