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In Huailai, the Ghost City of Evergrande Tells the Crisis of Chinese Real Estate

Summary by Le Monde
At 130 kilometers from Beijing, the old model city of the fallen Evergrande promoter was to accommodate tens of thousands of inhabitants. Despite its unfinished facades and abandoned equipment, the site turned into a cheap refuge for pensioners and divorced.

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Lean Left

At 130 kilometers from Beijing, the old model city of the fallen Evergrande promoter was to accommodate tens of thousands of inhabitants. Despite its unfinished facades and abandoned equipment, the site turned into a cheap refuge for pensioners and divorced.

·Paris, France
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Bias Distribution

  • 100% of the sources lean Left
100% Left

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Le Monde broke the news in Paris, France on Friday, September 18, 2026.
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