Several property developers recently have received loans or investments from state-owned firms. But is the government making a good bet by investing in them amid a slump, or is it trying to keep the companies afloat?
WSJ.com About China, Wall Street Journal: World: China
Fri, 03/27/2015 - 2:35am
Several property developers recently have received loans or investments from state-owned firms. But is the government making a good bet by investing in them amid a slump, or is it trying to keep the companies afloat?