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Goldman Sachs expects more China real estate defaults, switches to bear case

2022-05-24
By: Bill Muskegy
On: May 24, 2022
In: Real Estate

Real estate and related industries account for more than a quarter of China’s economy, according to Moody’s estimates. CFOTO | Future Publishing | Getty Images BEIJING — Chinese real estate defaults have increased so much that Goldman Sachs analysts have shifted to their worst-case scenario for the riskiest part ofContinue Reading

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