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Financial stress in China developer spreads beyond Evergrande crisis

A China developer of luxury condominium missed $315 million in installments to moneylenders, starting feelings of trepidation that monetary strains in the country’s outsized proprerty area are spreading past the disturbed Evergrande combination, CNN announced. Fantasia Holdings, a Shenzhen-based property developer, missed reimbursing $206 million worth of bonds that developed Monday, the organization said in […]

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