Chinese ghost towns prompt economic fears

Number of empty homes in China reaches 50 million as fears grow of a serious slump in the market.

Property is the principle source of investment for most Chinese, who do not trust their banks or the stock market.

But fears are growing of a serious slump in the market as about 50 million homes are empty.

Al Jazeera’s Adrian Brown reports from Ying Kou, where the property sector is still struggling five years after the bubble burst.

Source: Al Jazeera

More from Economy
Most Read