Published 19:05 IST, September 23rd 2023
Even China's 1.4 billion population can't fill all its vacant homes, says former official
China's property sector, once the pillar of the economy, has slumped since 2021 when real estate giant China Evergrande Group defaulted on its debt obligations.
![China](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/sefytk3nbvdgnqsi_1695476061_16_9.jpeg)
Big-name developers such as Country Garden Holdings continue to teeter close to default | Image Credit: Shutterstock | Image:
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19:05 IST, September 23rd 2023