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Unsafe as houses? Evergrande and China’s big plans

The Intelligence from The Economist

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China's Onshore Real Estate Market Is in Free Fall, Don Amean

This week is all about evergrant, and at last it defaulting. How does that fit into this picture? I think one thing that chinese authorities need to do in order to continue bringing in foreign capital is to make sure they don't have financial melt downs. There are quite a few problems still with the domestic market that needs to be worked out.

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