When China’s private real-estate developers started sliding into distress more than a year ago, the government encouraged state-owned property companies

When China’s private real-estate developers started sliding into distress more than a year ago, the government encouraged state-owned property companies to step in and take over their ailing peers’ projects and assets. They didnt like the deals on offer!
wsj.com/articles/china… https://t.co/a7btmC5OIq

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