China’s indebted real estate sector sparks increasing concern abroad
13 November 2021 | 11:07 am
Chinese property developers have met with a government think tank, amid increasing concern over the real estate sector's heavy debt burden. The liquidity crisis goes well beyond the high-profile firm Evergrande. Also, Australia unveils a €114 million investment aimed at boosting sales of electric vehicles, and Virgin Galactic sells another 100 tickets for sub-orbital space flights.