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China Property Crisis: 34 of 50 Top Developers Have Defaulted on Debt
- rogerkirkness 3y ago"Oh no, we can't afford to pay off our debtors outside of China, and Chinese law requires us to prioritize local debtors. Also, we used the debt to build apartment buildings, so there's nothing for you to repossess on default... sorry!"
- archo 3y agohttps://archive.is/ao09D https://archive.is/ao09D