China’s abandoned construction projects hit homebuyers hard

Al Jazeera English published this video item, entitled “China’s abandoned construction projects hit homebuyers hard” – below is their description.

A worsening crisis of stalled construction projects in China is spilling over into the banking sector, triggering warnings of broader systemic risks. It has also left many people who have bought unfinished homes high and dry, with some considering drastic measures.

Al Jazeera’s Patrick Fok reports from Nanning, China.

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About This Source - Al Jazeera English

The video item below is a piece of English language content from Al Jazeera. Al Jazeera is a Qatari state-funded broadcaster based in Doha, Qatar, owned by the Al Jazeera Media Network.

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