The Chinese Real Estate Market on the Verge of Collapse: A Lehman Moment but an Economic Threat

Just weeks after investors faced a crackdown on China’s most sensible tech companies, they are now reading about a default imaginable via the country’s largest genuine real estate developer, Evergrande. The company has a remarkable $ 300 billion and China’s genuine real estate market has weakened following measures taken through the Chinese government a year ago to curb the rise in asset prices.…

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