CCP MISMANAGEMENT on the wine for the Evergrande crisis, business experts say


CCP MISMANAGEMENT on the wine for the Evergrande crisis, business experts say

Recent highlights:

1. For a number of years, the Chinese regulatory environment in fact enabled the booming of the real estate sector with a series of policy changes such as relaxed lending requirements for real estate developers, using the sector as a driving force to stimulate economic growth, especially after the 2008-2009 global recession, Yang said.

2. It is well to recall that the conglomerate began amassing such huge debts in a context where CCP leaders made convenient use of the traditional preference of many Chinese for tangible, brick-and-mortar investments, such as real estate

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