Over 230 Home Developers Filed For Bankruptcy In China Last Year: Report

Beijing: Amid the economic crisis in China, an estimated 233 home developers filed for bankruptcy last year, Taiwan News reported quoting the China Real Estate Association.According to the report, the highest number of applications were received from the Zhejiang province with 36 cases, accounting for 15.45 per cent of the nation’s total. Hunan and Guangdong provinces were second and third,
Beijing: Amid the economic crisis in China, an estimated 233 home developers filed for bankruptcy last year, Taiwan News reported quoting the China Real Estate Association.According to the report, the highest number of applications were received from the Zhejiang province with 36 cases, accounting for 15.45 per cent of the nation’s total. Hunan and Guangdong provinces were second and third,
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