Evergrande's Huailai ghost town highlights China property crisis fallout

Le Monde reports on Huailai, a failed Evergrande development near Beijing, now serving as low-cost housing for retirees and divorcees amid unfinished infrastructure. The story illustrates the lingering human and economic toll of China's property downturn, though it offers no new market-moving data. Significance lies in its confirmation of ongoing distress in China's real estate sector.