Explained: Why China's crumbling real estate sector has the world on edge - Economic Times

Across China, real estate developers are getting desperate - attempting to sell homes by whatever means possible, even going as far as accepting down-payments in wheat, garlic, watermelons and peaches to cater to farmers.

China's homebuyers are running out of patience as the country's real estate crisis threatens to spiral out of control. Hundreds of thousands of homebuyers have begun a mortgage boycott, refusing to p… [+3797 chars]

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