Chinese-owned Ghost Buildings In Cambodia's Coastal Town Of Sihanoukville

SIHANOUKVILLE, CAMBODIA - JULY 01: A woman sits near a billboard advertising China's Belt and Road Initiative on July 1, 2024, in Sihanoukville, Cambodia. China's property sector is grappling with a prolonged crisis, marked by plummeting home sales, falling prices, and the financial distress of major developers like Evergrande and Country Garden. The downturn, now in its third year, has seen housing starts drop by over 60% compared to pre-pandemic levels, eroding consumer confidence and posing significant risks to China's broader economic stability. This crisis has rippled beyond China's borders, affecting projects in places like Sihanoukville, Cambodia, where Chinese property companies had invested heavily in casino and resort developments during the boom years. (Photo by Valeria Mongelli/Getty Images)
SIHANOUKVILLE, CAMBODIA - JULY 01: A woman sits near a billboard advertising China's Belt and Road Initiative on July 1, 2024, in Sihanoukville, Cambodia. China's property sector is grappling with a prolonged crisis, marked by plummeting home sales, falling prices, and the financial distress of major developers like Evergrande and Country Garden. The downturn, now in its third year, has seen housing starts drop by over 60% compared to pre-pandemic levels, eroding consumer confidence and posing significant risks to China's broader economic stability. This crisis has rippled beyond China's borders, affecting projects in places like Sihanoukville, Cambodia, where Chinese property companies had invested heavily in casino and resort developments during the boom years. (Photo by Valeria Mongelli/Getty Images)
Chinese-owned Ghost Buildings In Cambodia's Coastal Town Of Sihanoukville
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Crédito:
Valeria Mongelli / Fotógrafo autónomo
Editorial n.º:
2160537654
Colección:
Getty Images News
Fecha de creación:
01 de julio de 2024
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No se cuenta con autorizaciones. Más información
Fuente:
Getty Images AsiaPac
Nombre del objeto:
0h1a8481_nyn8kmem
Tamaño máx. archivo:
4724 x 3150 px (40,00 x 26,67 cm) - 300 dpi - 5 MB