Overproduction and Shoddy Practices Undermine Chinese Confidence in Housing Market
Overproduction and Shoddy Practices Undermine Chinese Confidence in Housing Market By Jimmy Higgins. Posted September 18, 2022 For the last year the Chinese real estate giant Evergrande has been standing on the edge of collapse. It has paper assets of 350 billion dollars in real estate. It held the mortgage down- payment money for 1.1 million …
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