🔻 China’s $18 Trillion Real Estate Meltdown: Global Shockwa
Nnomi023
Updated at: 7 hours ago
{"content":"🔻 China’s $18 Trillion Real Estate Meltdown: Global Shockwaves Incoming 🌍
China’s once-booming property sector has crumbled — shedding a staggering $18 trillion in value since 2021. That’s a bigger collapse than what the U.S. saw during the 2008 financial crisis. The world’s second-largest economy is now navigating a storm that’s shaking confidence far beyond its borders. 📉
🏚️ What Happened?
From Evergrande’s massive debt defaults to falling homebuyer trust and strict regulations, China’s real estate market is in full-blown crisis mode. Property sales have dried up, and developers are crumbling under pressure.
🌐 Why the World Should Care:
Real estate powers 25–30% of China’s GDP
Millions of middle-class families have wealth tied to property
A weak China means lower demand for global goods, services — and even crypto
📊 What’s Ahead?
Beijing may step in with support, but deep-rooted issues remain. Investors are already shifting toward safer assets — from global stocks to crypto — in search of stability and returns.
Bottom Line:
The Chinese housing bubble has popped. And while the recovery may be slow and painful, the ripple effects are already spreading worldwide.
#BinanceSquare #Write2Earn #ChinaCrisis ĺ #GlobalMarkets #CryptoMoves
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