Dec 12 2025FINANCE
Vanke's Debt Drama: A Wake-Up Call for China's Real Estate
China's real estate scene is hitting rough waters again, and this time, it's Vanke, a major player, that's in the spotlight. The company is drowning in debt, with a staggering $50 billion owed. That's a massive amount, even for a giant like Vanke. Here's what happened: On a recent Sunday, Vanke dro
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