Alarm bells are ringing as China’s property cancer spreads - Sydney Morning Herald


7/25/2022 12:00:00 AM2 years 9 months ago
by Stephen Bartholomeusz

The crisis in the property sector is one of China’s own making and it is getting deeper, sparking contagion fears for the rest of the economy.

Among those developers is China Evergrande, the worlds most indebted property developer, with about $US300 billion ($430 billion) of liabilities, and the company whose default on its offshore bonds l… [+4412 chars]

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