From the same link in my post above.....

Last month, Evergrande, which was once China's biggest real estate firm, revealed that in 2021 and 2022 it lost a combined $81.1bn.

It came as the firm, which defaulted on its debts in late-2021, reported its long overdue earnings to investors.

Evergrande has been struggling with an estimated $300bn of debts.

Those arey watering numbers. They are not thousands or millions but BILLIONS of pounds. Staggering numbers by all accounts.
Economics works the same even with a massive lieing country run by communists who hate the free world.

You buy a house here and then you fill it with furniture. All increases activity in the economy.
That's why the housing numbers are important in economics.
The real worry is this.
When America fcuked up the tackled it immediately when the shyte hit. (Regardless of weather you like them or not)
The communists have no experience with a collapse of their own, so they will do what COMMUNISTS do best. Lie on an even grander scale.