Posted inBanking and Financial Institutions China China Economy China Evergrande Group Consumer Behavior Country Garden Credit and Debt Economic Conditions and Trends Foreign Investments Hong Kong International Relations Mortgages Real Estate (Commercial) Real Estate and Housing (Residential) Regulation and Deregulation of Industry Stocks and Bonds
After China Evergrande, Real Estate Crisis ‘Has Not Touched Bottom’
The forced liquidation of China Evergrande epitomizes the sector’s struggles: Nationwide, sales are down and millions of homes have been paid for but not delivered.