Real estate made China rich. Now it's looking more like kryptonite.

Tech Insider : Economy, Economy
An exterior view of Evergrande Metropolis (or Evergrande Mingdu) housing complex on December 6, 2021 in Huaian, Jiangsu Province of China.
An exterior view of the Evergrande Metropolis housing complex in Huaian, China.

Zhao Qirui/VCG via Getty Images

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