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The Chinese Real Estate Bubble: An Economy That Could Collapse the World

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The Chinese Real Estate Bubble: An Economy That Could Collapse the World

What if the biggest threat to the global economy isn't war, pandemic, or climate change-but rather a collapsing housing market on the other side of the world?

China's real estate sector accounts for a staggering 29% of its GDP-nearly twice the percentage in most developed economies. With over 65 million vacant housing units (enough to house the entire populations of France, UK, and Germany combined), and property values ...