How China's property crisis could shape up

Major Chinese lender Ping An Bank has reportedly put 41 firms on a list of developers eligible for its funding support, the latest move in Beijing's protracted venture to rescue its beleaguered property sector as an unprecedented housing slump worsens. It comes just a day before China is scheduled to announce key property data. CNA's Elizabeth Neo has more on the property crisis. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia