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ALUMNI RECOGNIZED: The Williamson College of Business Administration at Youngstown State University will present its Outstanding Alumni Awards on Oct. 20 at Wil

Two Chinese developers, Country Garden Holdings and Zhongzhi Enterprise Group, are in the middle of a meltdown. What will it mean for CRE?

Liquidity problems at two Chinese companies are adding to concern that a bubble in Chinese property values could burst.

Liquidity problems at two immensely large Chinese companies with real estate holdings are adding to concern that a bubble in Chinese property values could burst and spray the rest of the world with financial contagion. The two Chinese companies’ cash shortage hasn’t triggered a crisis like the one that erupted 15 years ago in the United States and that disrupted the global economy, after a wave of home foreclosures flattened the value of subprime mortgage-backed securities that Lehman and other banks held.

When Wiener World opened on Smithfield Street in Downtown Pittsburgh in 1965, the disc jockeys in KQV radio’s storefront studio a block away were only in their second year of playing Beatles records, Lyndon Johnson was president and the U.S. was still four years away from landing a man on