https://gnews.org/post/p1b6a9a84

08/18/2022 Since the summer of 2020, the property market has been trapped in a capital crisis. Everyone except state-owned enterprises is in survival mode. China’s central bank announced on Friday, August 12, that household loans including mortgages dropped to a mere 121.7 billion yuan or about $18 billion in July from a massive 848.2 billion or just under $125 billion just one month before