this post was submitted on 30 Aug 2023
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Evergrande shares plunge further amid China economy fears (www.theguardian.com)
submitted 1 year ago by Ninmi@sopuli.xyz to c/china@sopuli.xyz
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[–] newH0pe@feddit.de 2 points 1 year ago

This housing crash in China ridiculously huge especially if you consider how much of China's economy is the housing market.

It will be interesting to see how this might effect housing prices worldwide. I just hope they will finally sink.