"The state-owned developers will end up running the entire industry," Brian McCarthy, managing principal at Macrolens, told CNBC.
source https://www.cnbc.com/2025/08/25/evergrandes-rise-and-fall-leaves-scars-on-chinas-property-sector.html
Evergrande’s $50 billion rise and fall leaves scars on China's property sector
August 25, 2025
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Evergrande’s $50 billion rise and fall leaves scars on China's property sector
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