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China is on the edge as fallout from its property crisis spreads
Aggregated Source: ChinaTechNews.com

Borrow-to-build model’s limits

The current property crisis is a problem of the government’s own making. Regulators allowed developers to gorge themselves on debt to finance a growth-at-all-costs strategy for decades. Then they intervened suddenly and drastically in 2020 to prevent a housing bubble.

China is on the edge as fallout from its property crisis spreads comes via ChinaTechNews.com.

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