‘Recently, I posted a Then/Now image of London on my LinkedIn, and someone commented with a Bill Gates quote: “We always overestimate the change that will
A new batch of overseas assets acquired in a decade-long Chinese expansion spree are starting to hit the market as landlords and developers want cash now.
(Bloomberg) Chinese investors and their creditors are putting up “For Sale” signs on real estate holdings across the globe as the need to raise cash amid a deepening property crisis at home trumps the risks of offloading into a falling market. The prices they get will help finally put hard numbers on just how much trouble the wider industry is in. Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaUkraine’s Army Chief Replaced After Rift With ZelenskiyEinhorn