- cross-posted to:
- world@lemmy.world
- finance@beehaw.org
- cross-posted to:
- world@lemmy.world
- finance@beehaw.org
China’s Evergrande Group — once the country’s second-largest property developer — filed for bankruptcy in New York on Thursday.
China’s Evergrande Group — once the country’s second-largest property developer — filed for bankruptcy in New York on Thursday.
After all the warnings on the Chinese real estate market in the last years, this should only hit those who were to dumb to handle investments in the first place. A rather Darwinist approach to markets.