Why China won't bail out its real estate sector

Why China won’t bail out its real estate sector

Many Chinese developers have halted or delayed construction of pre-sold homes due to cash flow issues. Pictured is a housing construction site in Jiangsu province, China, October 17, 2022. Edition of the future | Edition of the future | Getty Images BEIJING — China’s central government is unlikely to spend billions to rescue the ailing …

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