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China’s property market runs out of steam as millions of investors demand their money back

Ratings agencies predict a default by Evergrande while banks and creditors are on the hook, prompting fears of a ‘Lehman moment’
China’s property market runs out of steam as millions of investors demand their money back
9 days ago

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China’s property market runs out of steam as millions demand their money back

A line of 60 uniformed security guards stretched across the entrance to ailing Chinese property giant Evergrande’s gleaming Shenzhen tower on Monday as dozens of angry investors demanded answers – and their money – from the company.

9 days ago|Los Angeles, United States
The Telegraph
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China’s property market runs out of steam as millions of investors demand their money back

Ratings agencies predict a default by Evergrande while banks and creditors are on the hook, prompting fears of a ‘Lehman moment’

9 days ago|London, United Kingdom
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