Evergrande China Real Estate
A new fear gripped the market Monday and provided a fresh excuse for paper-handed investors to sell. The impending collapse of Evergrande Real Estate Group Chinas second.
Gallery Of Evergrande Huazhi Plaza Aedas 1 Futuristic Architecture China Architecture Skyscraper Architecture
Evergrandes problems began last year when Beijing clamped down on the amount of debt that big real-estate developers can owe.
Evergrande china real estate. Demand for real estate in mega-cities Beijing Shanghai Shenzhen and Guangzhou drove prices to among the most expensive in the world. Evergrande took out loan after loan to meet demand. The way Evergrande grew so large to a market.
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