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Chinese real estate developers with liquidity problems are in "deep trouble," says a Chinese economist.
Ailing Chinese property developer Evergrande ceased trading in Hong Kong on Monday as the highly indebted company grappled with an ongoing property crisis.
International business news: BEIJING: The Chinese real estate giant Evergrande fell into arrears with its debts on Thursday, said Fitch Ratings agency, which cited the crisis-ridden project.
par Clare Jim HONG KONG, 8 décembre (Reuters) - Le géant chinois de la promotion immobilière Evergrande a atteint un creux mercredi...
Evergrande, le promoteur immobilier chinois en difficulté, a fait défaut sur sa dette, selon Fitch Ratings.
It could be the beginning of the end for the property developer whose liquidity crisis has raised fears of wider contagion.
Chinese President Xi Jinping is reviewing the links the country's state banks and other financial institutions have built with large private companies, the Wall Street Journal reported on Monday, citing people familiar with the plan.
The country's 100 largest real estate companies saw revenue drop 36 percent year over year to $ 118 billion in September: China Real Estate Information Corp.
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