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International Business Times
International Business Times
Business
Peter Catterall, and Rebecca Bailey in Shanghai

BIZARRE: China waits anxiously for economic plan as gloom reigns - You Need To See This

China's property crisis has seen house prices plunge and millions of homes left empty or unfinished (Credit: AFP)

Rows and rows of partially inhabited high-rises sprawl into the suburbs of the northern Chinese metropolis of Tianjin, their empty balconies emblematic of a slowing economy that has not kept pace with the country's ambitions.

A year and a half after crippling Covid-19 restrictions ended, the property crisis is just one of the deadweights dragging on China's recovery momentum, sending ripples of unease through the country's leaders and citizens.

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