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China Warns Struggling Property Developers, but Steps In to Help State-Backed Vanke

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20 March 2024
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China Warns Struggling Property Developers, but Steps In to Help State-Backed VankeJust over a week ago, China’s housing minister sent a stern message to struggling real estate companies. Warning that they should not expect to be bailed out, he said failing developers “must go bankrupt.” Shortly after, it became clear that Beijing’s

Read more https://www.theepochtimes.com/china/china-warns-struggling-property-developers-but-steps-in-to-help-state-backed-vanke-5606947

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