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Chinese property collapse
Major defaults in the property sector (those issuing international bonds): But the property crisis is far from over – with Bloomberg data showing 34 of the top 50 developers as defaulters.
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18K views · 61 reactions | Chinese property giant Evergrande is on the brink of collapse from its $300 billion debt, with the repercussions reverberating beyond China’s real estate market. Any fallout could prove catastrophic, not just domestically, but for international markets too. | CNBC International | Facebook
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