Part 3/10:
In recent developments, legal actions against major developers like Evergrande have proven ineffective in impacting their mainland operations, leading to growing investor frustration. Despite a brief moment of optimism when developer Sunnik announced an offshore restructuring plan, it quickly faced setbacks.
As the property downturn deepens, investment has plummeted by 10% for the first two months of 2025 compared to the previous year, raising further concerns about the integrity of China’s real estate market. With the government's focus on domestic stabilization taking precedence over repaying foreign investors, the outlook for recovery appears grim.