China’s government tries to defuse economic fears after real estate developer’s debt struggle | 在房地产开发商的债务斗争后,中国政府试图化解经济恐惧 AP News



China’s government is trying to reassure jittery homebuyers after a major real estate developer missed a payment on its multibillion-dollar debt, reviving fears about the industry’s shaky finances and their impact on the struggling Chinese economy. 在一家大型房地产开发商未能偿还数十亿美元债务后,中国政府正试图安抚紧张的购房者,这重新唤起了人们对该行业动荡的财务状况及其对陷入困境的中国经济的影响的担忧。
— Read on apnews.com/article/china-debt-real-estate-country-garden-8452f8fc81697903bbd2cbd37f0e76be

他们强调了该行业在执政的共产党的压力下为减少被视为经济威胁的飙升债务而进行的斗争。这使数百家小型开发商破产,并抑制了中国的经济增长。

they highlight the industry’s struggle under pressure from the ruling Communist Party to reduce soaring debt that is seen as an economic threat. That has bankrupted hundreds of small developers and depressed China’s economic growth.

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