Another Chinese Mega-Construction Project in California Is Halted, this one in San Francisco. List of Troubled or Scuttled Chinese Projects in California Grows
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter How China’s crackdown on debt and capital flight pulls the rug out from under mega-real-estate projects. After months of rumors and speculation amid apparently failed efforts to secure a short-term loan and find an equity investor, property developer Oceanwide, a division of Chinese conglomerate Oceanwide Holdings Co. Ltd., said that it … Read more