https://www.reuters.com/business/chinas-country-garden-looks-sell-570-million-london-development-2024-01-31/
I wonder what this new supply in these markets will do to their real estate markets, could we see a cascading effect or are their overseas portfolios not that big?
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Good question. I’m not sure. Someone will likely pick them up on the cheap. But creditors could take a hit.