30 Chinese Real Estate Companies To Default With $1 Trillion Debt
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71 views • 07/10/2022

https://gnews.org/post/pqzyc07b

07/09/2022 Spotlight on China: Beijing’s comprehensive crackdown on the leverage of real estate has caused a large number of defaults among property developers. Experts estimated that there would be 30 companies defaulting with total liabilities of around $1 trillion.  Some analysts warn that China’s real estate debt crisis has just begun

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