China's abandoned construction projects hit homebuyers hard
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A worsening crisis of stalled construction projects in China is spilling over into the banking sector, triggering warnings of broader systemic risks. It has also left many people who have bought unfinished homes high and dry, with some considering drastic measures.
Al Jazeera's Patrick Fok reports from Nanning, China.
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Al Jazeera's Patrick Fok reports from Nanning, China.
Subscribe to our channel http://bit.ly/AJSubscribe
Follow us on Twitter https://twitter.com/AJEnglish
Find us on Facebook https://www.facebook.com/aljazeera
Check our website: http://www.aljazeera.com/
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/
@AljazeeraEnglish
#Aljazeeraenglish
#News #China #Construction #ConstructionPlans #GhostTowns #Chinese #Economy
