🏢China's real estate market is experiencing a crisis, with falling home prices and declining sales.
💰China has a massive property market worth $62 trillion, making it the largest asset class in the world.
🇺🇸Reports suggest that the United States has been asked to bail out China, but the size of the market makes a significant bailout unlikely.
📉China is facing a $446 billion funding gap in its efforts to stabilize the property market.
🏘️Chinese home prices have worsened, and the sales of secondhand homes have plunged.