China’s Real Estate Meltdown: Value Of Chinese Firm’s Malaysian Residential Project Seen Dropping
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By Iman Muttaqin Yusof
Real estate analysts said they expected property values to drop at a Chinese developer’s housing project in Malaysia’s Johor state and that the U.S. $100 billion venture may not be completed, despite the firm saying this week the business was stable.
The company, Country Garden, one of the...