China Had a Plan to Rescue Its Housing Market. It’s Not Working
Big Take17 Des 2024

China Had a Plan to Rescue Its Housing Market. It’s Not Working

China’s property crisis has become a massive headache for the world’s second-largest economy. Tens of millions of newly built apartments lie vacant, home prices have tumbled and cash-strapped developers are struggling to finish construction.


On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Lulu Chen about what China is doing to try and solve its housing crisis. We go to Zhengzhou, home to the world’s biggest iPhone factory and the city where the housing market first imploded. It's now become a testing ground for government efforts to revive the ailing property sector. We look at whether they’re working, and what it will mean for China’s economy if the big push fails.

Read more: China’s Housing Rescue Falls Short in City That Signaled the Crisis

Further listening: What Comes Next in China’s Property Crisis

See omnystudio.com/listener for privacy information.

Episoder(858)

The Prosecutor Who Fought to Arrest Jeffrey Epstein in 2007

The Prosecutor Who Fought to Arrest Jeffrey Epstein in 2007

Two decades ago, a federal prosecutor in Florida spent two years investigating Jeffrey Epstein and urged her superiors to charge him. Her frustrations mounted as her boss, US Attorney Alex Acosta, pur...

25 Mar 22min

What Trump Wants in Cuba

What Trump Wants in Cuba

President Donald Trump says he believes he’ll have the “honor of taking Cuba.” As the island nation suffers from major blackouts and a US squeeze on its oil supply, its regime’s survival — and the cou...

24 Mar 19min

$100 to Fill Up Your Tank? Some Drivers Say No Thanks

$100 to Fill Up Your Tank? Some Drivers Say No Thanks

As the war with Iran drags out and oil prices remain turbulent, it raises the question of whether — and how — prolonged conflict in the Middle East might impact global fossil fuel dependence and the f...

23 Mar 16min

The Sixth Bureau Episode 6: Nothing Is Holy

The Sixth Bureau Episode 6: Nothing Is Holy

In Episode 6 of The Sixth Bureau, a series from The Big Take, with spy Xu Yanjun in prison, the US government pursues some of his collaborators. Plus, host Jordan Robertson gets an unexpected call whi...

20 Mar 35min

Reopening the Strait of Hormuz Is Going to Take Awhile

Reopening the Strait of Hormuz Is Going to Take Awhile

Has Iran laid mines across the Strait of Hormuz? With attacks on gas and oil facilities across the Middle East sending energy prices soaring, a key to restoring global oil supplies is ensuring the Str...

19 Mar 14min

The Iran War Is the Fed's Worst Nightmare

The Iran War Is the Fed's Worst Nightmare

The Federal Open Market Committee announced this afternoon that it would hold interest rates steady. The decision comes in spite of spiking oil prices and new market uncertainty driven by the Iran War...

18 Mar 17min

Asia Is Bearing the Brunt of the Iran War Energy Crisis

Asia Is Bearing the Brunt of the Iran War Energy Crisis

From soaring fuel prices in Pakistan to a shortage of cooking gas in India, Asia is bearing the brunt of the energy crunch sparked by the Iran War. On today’s Big Take Asia podcast we look at how war ...

17 Mar 18min

Will Russia Be the Biggest Winner of the Iran War?

Will Russia Be the Biggest Winner of the Iran War?

As the war in Iran draws in more countries, it’s had unlikely benefits for one of Iran’s key allies: Russia. President Trump has eased some sanctions on Russian oil in his efforts to alleviate the oil...

16 Mar 16min

Populært innen Politikk og nyheter

aftenpodden
giver-og-gjengen-vg
lydartikler-fra-aftenposten
forklart
i-retten
aftenpodden-usa
stopp-verden
popradet
det-store-bildet
rss-gukild-johaug
fotballpodden-2
dine-penger-pengeradet
rss-ness
nokon-ma-ga
hanna-de-heldige
e24-podden
aftenbla-bla
grasoner-den-nye-kalde-krigen
frokostshowet-pa-p5
bt-dokumentar-2