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China is not invincible as a potential adversary. Real estate instability, COVID lockdowns, external loans and Russo-Ukraine war are risks to its current political and economic status.
Op-ed: The four big threats to China's economy
Posted from cnbc.com
China
Economy
International Affairs
Posted 2 y ago
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LTC Eugene Chu
..."Real estate
Chinese real estate defaults continue. Last year saw a record number of defaults among Chinese developers, from Evergrande on down. S&P estimates that between 20% and 40% of property developers may face default."...
..."Real estate
Chinese real estate defaults continue. Last year saw a record number of defaults among Chinese developers, from Evergrande on down. S&P estimates that between 20% and 40% of property developers may face default."...
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