A man walks past the China Evergrande Centre in Hong Kong, China. Major Chinese developers saw their sales plunge last month as China Evergrande Group sank deeper into crisis. EPA / Jerome Favre
A man walks past the China Evergrande Centre in Hong Kong, China. Major Chinese developers saw their sales plunge last month as China Evergrande Group sank deeper into crisis. EPA / Jerome Favre

Business

Property

Chinese developers’ sales plunge amid Evergrande crisis

Combined sales by the country’s top 100 real estate companies drop 36 per cent to $118bn in September

Bloomberg

October 09, 2021

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