Monday, September 20, 2021
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China’s Property Curbs Send Economic Tremors

Beijing’s strain 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 essentially the most seen signal of the worsening local weather for Chinese language property builders. Credit score markets are additionally pricing in important default risks for some smaller rivals, similar to Fantasia Holdings Group Co. and Guangzhou R&F Properties Co.

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