China’s Economy Weakens, Property Giant China Vanke Loses USD1.4 Billion

China’s Economy Weakens, Property Giant China Vanke Loses USD1.4 Billion

loading… Chinese real estate developer Vanke reports losses from property crisis. Photo/iStock Photo BEIJING – Property giant China Vanke, which announced a significant loss in the first half on Friday (Aug. 30), was China’s second-largest developer last year by sales, according to specialist firm CRIC. As is known, the property industry in the Bamboo Curtain … Read more