Tag: china property market
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As China fixes its property mess, can international capitalists profit?
Abroad traders have been pecking on the Evergrande empire for nicely over a yr. They’ve up to now come away with little or no. The Chinese language firm, which is the world’s most indebted property developer, with some $300bn in liabilities, defaulted in late 2021 and has been warding off collectors ever since. When the…