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Beyond Evergrande, China’s Property Market Faces a $5 Trillion Reckoning

WSJ

By Quentin Webb and Stella Yifan Xie
Construction sites and new development in Xining, China. QILAI SHEN/BLOOMBERG NEWS

Developers have run up huge debts. Now home sales are down, Beijing is imposing borrowing curbs and buyers are balking at high prices.
 

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Publish : 2021-10-11 14:31:00

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