China's property crisis: Evergrande's woes threaten recovery – DW

China's property crisis: Evergrande's woes threaten recovery – DW

Upworthy

Published

China's second-largest real estate developer is close to bankruptcy, leaving millions of property investors nursing heavy losses. It spells more bad news for the economy. China has spent nine months trying to kickstart the world's second-largest economy after three years of strict COVID lockdowns.…

#beijing #chinaevergrande #huikayan #xujiayin #hongkong #xijinping #rajivbiswas #dw #countrygarden #antoniofaso

Full Article