"Moment of Lehman Brothers Holdings, Inc.": why the Chinese sector real estates appeared in crisis

The Chinese construction sector which in zero years was one of drivers of rapid economic growth of the country, appeared in long crisis. The largest builders cannot pay bills, in sector a wave of defaults. Analysts doubt that the authorities will manage to resolve quickly a situation, and warn that aggravation of crisis can lead to long delay of the Chinese economy as a whole the Chinese sector inhabited real estates again came up against a crisis situation. The developer largest in the country on the volume of sales last year, company in August reported Country Garden about the record...