Order to liquidate property giant China Evergrande is just one step in fixing China's debt crisis

RandAlThor@lemmy.ca to World News@lemmy.world – 51 points –
Order to liquidate property giant China Evergrande is just one step in fixing China's debt crisis
apnews.com
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When the properties are liquidated I wonder how hard the real estate market in China will fall. The empty city real estate bubble may be getting ready to pop.