Part 1/9:
The Crisis of Confidence: China's Looming Housing and Economic Turmoil
China is facing a profound economic crisis that is reshaping societal values and challenging longstanding beliefs about home ownership. The traditional Chinese ideal of property ownership, once seen as a symbol of financial security and social status, is rapidly eroding as the housing market falters. This crisis is compounded by a multifaceted economic landscape characterized by declining exports, rising unemployment, and alarming deflation rates.