What does the current situation of the property sector indicate about the future for Chinese billionaires?
Wanda Tycoon Fights to Save Empire
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The video discusses the crisis facing Chinese property billionaires, focusing on the challenges of One Dia Ling. The company is under scrutiny by the CSRC due to financial obligations and has failed to list its shopping mall unit. Negotiations with creditors are ongoing, and the company is cutting back on global ambitions. Despite property support measures, the market remains weak, symbolizing broader issues in the sector.
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OPEN ENDED QUESTION
3 mins • 1 pt
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2.
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Discuss the impact of the property support measures issued by China last year.
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