No One’s Too Big to Fail in China’s Property Market
People sit by the Tsim Sha Tsui waterfront in front of the Evergrande Centre building in Hong Kong, China. (Photographer: Paul Yeung/Bloomberg)

No One’s Too Big to Fail in China’s Property Market

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(Bloomberg Opinion) -- For years, investors happily bought into the dollar bonds of Chinese real-estate developers, betting that the biggest and most aggressive would become too big to fail. Even d...
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