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After Evergrande: China tightens rules on real estate financing

Property developers are no longer allowed to sell apartments before they are completed. This means that many are missing out on the cash flow for projects. Real estate stocks are falling sharply.

Translated from German Read in German

We haven't written up this one. Der Standard Wirtschaft has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at derstandard.at →

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