A Hong Kong court's order to liquidate the world’s most heavily indebted real estate developer is only a tentative step toward resolving a debt crisis that is haunting financial markets and dragging on the Chinese economy.
When the properties are liquidated I wonder how hard the real estate market in China will fall. The empty city real estate bubble may be getting ready to pop.
When the properties are liquidated I wonder how hard the real estate market in China will fall. The empty city real estate bubble may be getting ready to pop.
Maybe they will sell their American properties too
Do they own US properties, I couldn’t find any articles that they do.