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China Real Estate Crack Down


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2021 Aug 26, 2:04pm   157 views  2 comments

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Analysis: China's property crackdown stalks credit markets

Bad loans and developer defaults jump
China junk debt market sinking as U.S./Europe rally
Authorities want to wean economy from real estate - strategist

Debt and land-buying curbs and hundreds of new rules are hitting developers far harder than they had expected, setting off a scramble to sell assets as well as a steady drumbeat of bankruptcies, defaults and cut-price takeovers.


Looks like they are adopting the California NIMBY building permit and zoning system.

https://www.reuters.com/world/china/chinas-property-crackdown-stalks-credit-markets-2021-08-26/

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2   AmericanKulak   2021 Sep 4, 5:09pm  

CCP is Behind Everything.

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