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THE RICHEST ASIAN WOMAN YANG HUIYAN HAS BECOME IMPOVERISHED BY 52%

... unaffordable loans, which turned out to be the largest Chinese developer Evergrande, led to a sharp drop in the pace of construction in China at the beginning of this year. Rusbankrot wrote about the threat of such a state of affairs for the economy of the Celestial ... ... credit indicators to "junk". The rating firm presented a "negative" forecast for the work of the Chinese developer, citing the deterioration of the overall financial situation of the organization, as well as limited access to long-term financing. The real estate crisis, which has affected many Chinese developers since 2020, has taken a slightly different turn recently. Thousands ...

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