After China Evergrande, Real Estate Crisis 'Has Not Touched Bottom'The forced liquidation of China Evergrande epitomizes the sector's struggles: Nationwide, sales are down and millions of homes have been paid for but not delivered.
Source: After China Evergrande, Real Estate Crisis 'Has Not Touched Bottom' (https://www.nytimes.com/2024/01/30/business/china-evergrande-real-estate.html)