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China’s Top Real Estate Giants Struggle with Debt, Vanke Faces Default

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13 March 2024
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China’s Top Real Estate Giants Struggle with Debt, Vanke Faces DefaultNews Analysis The largest residential real estate developer in China, Vanke, is in a debt crisis, along with other real estate companies ranked in the top ten. If the state-backed Vanke defaults, it could lead to a total collapse of China’s real estate

Read more https://www.theepochtimes.com/china/chinas-top-real-estate-giants-struggle-with-debt-vanke-faces-default-5606681

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