Several developers have been left wallowing in a sea of debt after the government in 2020 tightened borrowing rules and narrowed firms' access to credit
Several developers have been left wallowing in a sea of debt after the government in 2020 tightened borrowing rules and narrowed firms' access to credit
As featured on
Rows and rows of partially inhabited high-rises sprawl into the suburbs of the northern Chinese metropolis of Tianjin, their empty balconies emblematic of a slowing economy that has not kept pace with the country's ambitions.