When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
The financial woes of the giant real estate developer Evergrande, which carries an estimated debt of $300 billion, have rekindled global fears that China’s property bubble is about to burst.
After its liberalization in the late 1990s, China’s property market witnessed a sustained expansion with only minor corrections lasting no more than a few months.
The real estate bubble was fueled by a vast increase in both mortgage and developer credit.