The issue of unoccupied apartment units in China has been on the radar for quite some time, dating back to as early as 2012. Initially, many believed that these empty units would eventually be filled as people moved in, and in some cases, this did happen. However, over the years, the situation has grown increasingly complex as more reports of unoccupied properties surfaced in the media. What initially began as scattered news on social media and platforms like YouTube later gained the attention of mainstream media outlets and reputable sources. Video - Current situation of Real Estate in China (Hindi) Little did anyone anticipate that these reports, initially driven by the race to break the latest news on social media, would evolve into a matter with serious implications for the global economy. A slowdown in the real estate sector has a ripple effect on the Chinese economy, which, in turn, can impact the global economy. The situation took a turn for the worse with the arrival of COVID...