In Part 1 of this article, I wrote about the perilous situation of the Chinese real estate industry on account of the massive debts of big property developers like Evergrande. I also elaborated on Ponzi
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Category: Business
Evergrande, Ponzi schemes and our Real Estate Industry. Part 1
By now the world is well acquainted with the debacle of the Chinese real estate sector. Evergrande, the biggest property developer in China with an incomprehensible debt of USD 300 billion is teetering on the
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