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Reading: The Evergrande Blueprint Worked for Other Chinese Developers, Until It Didn’t
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The Wall Street Publication > Blog > Markets > The Evergrande Blueprint Worked for Other Chinese Developers, Until It Didn’t
Markets

The Evergrande Blueprint Worked for Other Chinese Developers, Until It Didn’t

Editorial Board Published November 28, 2021
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The Evergrande Blueprint Worked for Other Chinese Developers, Until It Didn’t
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China’s property boom has spawned numerous developers that, like industry giant China Evergrande Group , borrowed heavily to fund breakneck growth.

Now they are inflicting unprecedented losses on international investors as credit grows scarce and sales of new homes decline. Investors have dumped their bonds, setting off alarms over the companies’ finances.

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