Name: Chinese Developer Fantasia Reeling Under Debt
Uploaded: 2021-11-11T06:20:38.000Z
Description: Another Chinese real estate company is struggling to pay back its debt.

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Another Chinese real estate company is struggling to pay back its debt.

Developer Fantasia saw its shares plunge fifty percent, after the company said it can’t promise to pay back other debts. Fantasia already missed a $200 million payment due Oct. 4.

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