China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
China’s State Developers Warn of Major Losses as Crisis Spreads

China’s State Developers Warn of Major Losses as Crisis Spreads

Aug 18, 2023
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China Daily Reads
China Daily Reads
China’s State Developers Warn of Major Losses as Crisis Spreads
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  • Almost half of listed SOE builders warned of first-half losses

  • Reduces their ability to support China’s housing market

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