For decades, rising property prices helped enrich China. Now one of the country's biggest developers is facing bankruptcy. Policy makers fear it could send China's financial system into a tailspin.
Read more on NPR
Thursday, 23 September 2021
loobobilly News: The Evergrande Group's Debt Issues Could Be A Drag On China's Economy
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For decades, rising property prices helped enrich China. Now one of the country's biggest developers is facing bankruptcy. Policy makers fear it could send China's financial system into a tailspin.
Read more on NPR
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