Chinese developer Fantasia can’t pay its debts. That’s stoking real estate fears

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A Chinese developer of luxury apartments missed $315 million in payments to lenders on Monday, sparking fears that financial strains in the country’s outsized property sector are spreading beyond the troubled Evergrande conglomerate.
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October 05, 2021 at 04:27AM
#usa #unitedstates #unitedstatesofamerica #america #us #u_s

Published by Sarah Seearchett

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