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Can China's Property Sector Bounce Back? | Vantage with Palki Sharma | N18G
As China hosts the SCO Summit in Tianjin, the contrast between global diplomacy and domestic economic distress is stark. Growth has slowed to 4.6%, youth unemployment has surged past 21%, and the property sector—once a pillar of China’s economy—remains in deep decline. The Goldin Finance 117, the world’s tallest unoccupied skyscraper, stands as a symbol of this downturn. Real estate uncertainty is dragging down jobs, savings, and public confidence. Despite limited recovery efforts, Beijing is now prioritising stability over expansion, letting parts of the sector fail to curb speculation. The result is a controlled but painful economic reckoning.
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China | Property | Evergrande | Tianjin | SCO Summit | Xi Jinping | China Economy | Real Estate | Goldin Finance 117 | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#china #scosummit2025 #tianjin #realestate #chinaeconomy #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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