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China's mortgage boycott: Could the property market crumble? | Counting the Cost
Published : 06-08-2022 - Duration : 00:25:31 - Like : 416
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Real estate has been one of the biggest drivers of economic growth in China, accounting for one-third of the country's $18 trillion gross domestic product (GDP). It is not just the broad economy that relies on it, households do, too. Up to 70 percent of their wealth is tied up in the sector. But, strict coronavirus restrictions and a debt...
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