Under the multiple pressures such as the expiration of debt, funding environment worsening as well as performance contraction, top private real estate enterprises are facing debe default in public market.
For the last decade, China economy has exoerienced the transition from fast growth to solid growth, and the turning point for economy, which was triggered by the pendemic occured in 2022.
China’s property sector, the pillar of the economy, has fallen into a rut since 2021 after a regulatory crackdown on high leverage among developers which triggered a liquidity crisis.
Glebors has been increasingly focusing on the potential and sustainability of China brands based on the perspective of the development trend of global brands, also China brands need to participate in the global competition positively.