HONG KONG -- The downward spiral in China's real estate industry deepened last year, developers' latest earnings show, offering little respite for the world's second-largest economy as it confronts rising trade tensions with the U.S.
A string of China's leading developers reported widening losses and mounting debt coming due, even as the government stepped in to ease the liquidity crunch.
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
