Business
China Land Auctions Slump as Developers’ Debt Woes Deepen – Caixin Global
Premiums collapse as cash-strapped companies grow wary of bidding up prices and housing demand cools
Several key second-tier cities have seen lukewarm interest in land auctions since the middle of the year, research by Chinas leading brokerage has revealed, adding to evidence that financial stress on property developers such as China Evergrande Group is…
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