The downward spiral caused by the downturn in China’s real estate sector is still ineffective despite a never-ending series of government support measures, and there is no sign of abating even though the crisis has been going on for more than three years. do not have.
Some of the top performers in the industry today include: gemdale company and China Vanke Co., Ltd. It has weathered the storm so far, but it is reeling under a huge amount of maturing debt, spooking investors and causing the value of its dollar bonds to plummet by more than 30% last month.
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