Edited By WION Video Desk
Published: Sep 07, 2024, 19:45 IST | Updated: Sep 07, 2024, 19:45 IST
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World Business Watch Sep 07, 2024, 19:45 IST
China Vanke's sales slump 24% in August, transactions shrink 10% | World Business Watch | WION
China's property market crisis is showing no signs of easing. China Vanke's sales slide in August raises concerns over the developer's capacity to repay loans. The developer announced on Friday that contracted sales fell 24 percent year-over-year to 17.24 billion yuan ($2.4 billion).
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