A 180-Degree Turn for Xi Jinping – China Is Making It Easier Again to Lend to Property Developers.
The CCP wants to solve the real estate crisis and stop the people's protest that is starting to rise.
The health of China's massive real estate sector remains a big concern in China, but also around the world. While Evergrande, the country's largest developer, is still struggling with mountains of debt and is looking elsewhere for new funding, the overall slowdown in the sector is undermining the revenue that the Chinese government hopes to collect thro…
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