China's Struggling Property Sector Faces Uncertain Future Amidst $150 Billion Debt Restructuring Challenges

China’s property sector, once a behemoth driving the country's economic growth, is now grappling with an uphill battle as it confronts a massive $150 billion in debt restructuring efforts. Recent turbulence in the housing market has made these restructurings more complicated than anticipated, raising concerns about the stability of an industry that contributes significantly to China's GDP.

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