China's property crisis deepens as another huge developer risks default | CNN Business
www.cnn.com
Investor confidence in China’s troubled property sector has been rocked again this week by reports that one of the country’s largest private building conglomerates missed interest payments on two bonds.

Investor confidence in China’s troubled property sector has been rocked again this week by reports that one of the country’s largest private building conglomerates missed interest payments on two bonds.

    • teft@startrek.website
      21·
      2 years ago

      Happens anytime you mention anything bad and china. The apologists and downvoters come out and play. Same thing used to happen on reddit.

    • tal@kbin.social
      1·
      2 years ago

      I have to say that of all things in China for Marxist-Lenninists to be defending, the Chinese urban real estate sector of 2023 seems like a pretty odd choice.