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China’s Property Curbs Send Economic Tremors

Beijing’s stress on the real-estate sector is being felt far past China Evergrande Group , elevating questions on how a lot financial ache China’s leaders are prepared to abdomen as they rein in yet another industry.

The turmoil at Evergrande, which spans street protests as well as collapsing prices for its stock and bonds, is probably the most seen signal of the worsening local weather for Chinese language property builders. Credit score markets are additionally pricing in vital default risks for some smaller rivals, resembling Fantasia Holdings Group Co. and Guangzhou R&F Properties Co.

https://www.wsj.com/articles/chinas-property-curbs-send-economic-tremors-11631707347 | China’s Property Curbs Ship Financial Tremors

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