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Fitch says a third of rated Chinese developers would face cash crunch in a scenario where sales fall by 30%

Tue Dec 28 , 2021
China’s embattled developer Evergrande is on the brink of default. Here’s why it matters Residential sales plummeted alongside home buyer confidence. Home sales by value dropped 16.31% from last year in November, a fifth month of declines. New home prices fell 0.3% from the previous month, the largest decline since […]

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