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May 17, 2024

China’s government props up property sector

From the BBC World Service: The Chinese government will buy millions of unsold homes to try to avert a crisis in the property market.

Residential buildings under construction in China's eastern Zhejiang province in September 2023. — Residential buildings under construction in China's eastern Zhejiang province in September 2023.
STR/AFP via Getty Images

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The Team

David Brancaccio Host
Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Ariana Rosas Producer
Nic Perez Director/Producer
Dylan Miettinen Digital Producer
John Bruington Media Producer
Jesson Duller Media Producer
Brian Allison Technical Director
James Graham Producer, BBC
Jo Critcher Producer, BBC
Naomi Rainey Producer, BBC
Lis Mahy Producer, BBC

China’s government props up property sector