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Understanding Evergrande, the Chinese Real Estate Conglomerate That’s Nearing Collapse
Odd Lots
What's the Size of the Chinese Real Estate Industry?
Real estate is a crucial savings an investment vehicle for millions of chinese citizens. Ever grand was the second largest in terms of sales last year, i believe, if not quite the largest. If you take the combination of residential and commercial constructionand development, we're talking close to 30%. It's something like 13 hundred project sits across 200 i think, 270 cities across china.
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