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The main shareholder of the Chinese developer Country Garden, which owns the largest share of shares, has become poorer by 52% over the past seven months. According to BBI ... ... stands at $11.3 billion (instead of $23.7 billion in 2021). The reason for this, analysts call the growing mortgage crisis in China. The burden of unaffordable loans, which turned out to be the largest Chinese developer Evergrande, led to a sharp drop ...
Modified: 07.29.2022Sorted by relevance | Sort by date