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News Analysis
As China’s real estate behemoth Evergrande, saddled with $300 billion in liabilities, dances ever closer to a default, questions about the health of the broader domestic property market have been thrown in sharp relief.
Property and Economic Slowdown
Recent data has confirmed Evergrande’s debt crisis has sent jitters through China’s property market. Home sales plummeted around 17 percent over the year to September, following last month’s 19.7 percent fall,…
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