The Far-Reaching Impact of China’s Property Slowdown on Its Broader Economy – Kavan Choksi / カヴァン・ チョクシ
China’s property sector was once a powerful engine of national growth, driving investment, urbanization, and household wealth. For years, rising home prices fueled confidence, supported construction activity, and generated significant fiscal revenue for local governments. But that era has shifted. The property market’s prolonged slowdown has become one of the...