The Chinese property crisis has become a topic of intense scrutiny and discussion. The once-booming real estate sector in China, which has long been a favorite of the global investor community, has now faced a sudden downturn, blowing up many a tale that seemed to have a favorable outcome.
One such story is the rapid expansion of e-commerce in the wake of the crisis. While the real estate sector took a hit, online retail has seen unprecedented growth, reflecting the adaptability and resilience of the Chinese market.
This tale has captured the attention of Google, who sees the potential in this emerging trend. The search giant is actively seeking partnerships and collaborations to tap into the booming e-commerce sector, a direct consequence of the property crisis. |
