World News@lemmy.worldEnglish · 1 year ago

Chinese buildings go unfinished as cash crunch hits local developers

asia.nikkei.com

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Chinese buildings go unfinished as cash crunch hits local developers

asia.nikkei.com

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World News@lemmy.worldEnglish · 1 year ago

Debt-laden local government financing vehicles face soaring bond yields

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1 year ago
There were empty cities, but they usually got filled within a few years of construction. Now, it is at the point where the cities aren’t being finished.

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