China’s property crisis is far from over — and the latest victim is Vanke, once considered the safest developer in the country. In this video, I break down how Vanke just lost 16 billion yuan in one quarter, why even state support from Shenzhen Metro can’t save it, and how this meltdown exposes the truth: China’s housing “recovery” is pure fiction.From collapsing sales to CEO detentions, from Evergrande’s chaos to Vanke’s slow death — this is the story of how Beijing’s “model student” became the symbol of a system in freefall.
