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

WSJ
By Quentin Webb and Stella Yifan Xie

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

Also from Breaknlinks ...

1 . Woman shot dead a cop
2 . Turkey blames deadly Istanbul blast on PKK, arrests 46 people
3 . Ukraine president praises troops in visit to southern front line
4 . Israel cancels arms sales to Ukraine after warning from Russia
5 . Russia claims Americans arrested in Ukraine are guilty of committing 'crimes'

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

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