What This $100 Billion Ghost City Says About China’s Real-Estate Crisis Country Garden, once seen as one of China’s most stable property developers, is now struggling financially, leaving the future of unfinished megadevelopments like Malaysia's Forest City in doubt.
Here’s how overbuilding, and a streak of bad luck, have left China’s real-estate developers in the red.
Photo: Adam Adada
Persons:
Adam Adada
Organizations:
Malaysia's Forest City
Locations:
Malaysia's Forest