The importance of the real estate sector to the Chinese economy has grown along with the country's economic growth. Many real estate have previously had some degree of difficulty owing to the combined effects of internal issues like high leverage and external causes like the pandemic. This article first delivers a survey of the contemporary Chinese real estate market situation. In its second section, this article examines the reasons behind insolvent real estate companies. The article then evaluates the sustaining strength of the non-bankrupt real estate ventures by comparing and analysing them. This article continues to provide options and suggestions on how to enhance the property industry's current state. This article aims to provide a valuable reference for government decision-making, enterprise operation, and research by examining the past, causes, and solutions of the real estate firm's conundrum.
Liang et al. (Tue,) studied this question.