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Tag: E-house China Research and Development Institute

Evergrande, China's largest property developer, is facing a liquidity crisis with total debts of around $300 billion. The problems faced by the company could impact China’s economy, and the global economy at large.
Chinese Property Developers Owe $173 Billion in Wages in January
Property developers in communist China faced major problems in 2021. Plagued by several issues like the inability to pay debts and slowing consumer demand, many real estate firms faced a severe cash shortage. Looking at...