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Tag: China economics

A woman bends through a hole in the billboard of the Evergrande Wuhan culture-oriented travel city on October 18, 2021 in Wuhan, Hubei province, China. Evergrande, China's largest property developer, is facing a liquidity crisis with total debts of around $300 billion.
Property Crisis Forcing Chinese State Companies Into Greater Involvement in Land Auctions
The property crisis in communist China is compelling state-owned developers to play a major role at land...