BBCNEWS Asia July 5, 2024
liquidation of the company. it basically means its assets will be seized, sold off, in order to repay some of its outstanding debt. in terms of the company public day—to—day operation including building homes in mainland china, it will probably stay the same for now. this ruling doesn't send a through the chinese financial market because of course for many decades a real —— the real estate sector has been one of the major drivers for china's economy growth. whether or not this liquidation process will be followed remains to be seen because despite the one country, two systems...