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Chinese property crash intensifies alarmingly

October 15, 2021 - 10:00 -- Admin

The Chinese property crash is getting worse at a spectacular clip: Rating agency S&P Global delivered fresh downgrades to two of the sector’s bigger firms, Greenland Holdings – which has built some of the world’s tallest residential towers – and E-house, and warned it could cut their ratings further. The $5 trillion property sector accounts

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