Category: Real Estate & Housing
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Evergrande’s Debt Crisis: A Ticking Time Bomb for China’s Economy
The Rise and Fall of Evergrande: From Real Estate Behemoth to Financial Catastrophe China’s real estate giant, Evergrande, once symbolized the country’s rapid economic growth and expansion. However, its recent debt crisis has sent shockwaves through the global financial markets and raised concerns about the stability of China’s economy. As Evergrande teeters on the brink…