News Analysis While Vanke, a major Chinese real estate development company, set its target on fighting to survive in 2022, another real estate giant Evergrande was on the verge of a liquidity crisis. In the past years, changing policies and the “making-big” ambition of China’s Communist government have tipped the country’s real estate sector into…
‘Make-Big’ Ambitions Plunge Chinese Real Estate Sector Into Debt Over-Load
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