No Sign of Upturn for China’s Property Crisis

NTD Newsroom
By NTD Newsroom
January 19, 2022China in Focus

China’s property crisis is showing no sign of letting up. The country’s biggest homebuilder by sales saw its bonds drop to record lows.

The property company Country Garden’s bonds were the worst on record last week. And on Monday it fell even lower. The company’s shares also fell on the Hong Kong stock exchange.

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