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@ FLASH⚡️
2025-02-12 08:36:46
⚡️🇨🇳 China's real estate crisis deepens: giant Vanke on the brink of collapse!
The Chinese state has just taken the unprecedented step of flying to the rescue of Vanke, one of the last survivors of the Chinese real estate industry.
The figures are dizzying:
🚨 $6.2 billion in losses for Vanke
🚨 $160 billion of debt at risk
🚨 30% fall in prices since 2021
🚨 $18,000 billion of household wealth evaporated
An admission of failure that reveals the scale of a crisis that has spiraled out of control after 4 years of freefall in the sector.
The Chinese government is stepping up emergency measures:
👉 record low mortgage rates
👉 reduction in deposits
👉 rescuing companies
It's no use!
Banks are now refusing to lend outside major cities, paralyzing the entire secondary real estate market.
Even more worryingly, the crisis is now spreading to Hong Kong, where commercial property has collapsed by 40%.
A shockwave that threatens to destabilize the entire Chinese economy just as Trump relaunches his trade war.
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