What was a significant financial challenge faced by the major Chinese developer discussed in the video?
Property Crisis Reaches China's Biggest Developer

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Lack of demand for a $300 million convertible bond
Decreasing number of development projects
Over-reliance on domestic credit markets
Expansion into Tier 1 cities
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the major developer's expansion strategy contribute to its financial issues?
By focusing on high-cost Tier 1 cities
By reducing its workforce significantly
By expanding into lower-tier cities with higher risks
By investing heavily in technology
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential consequence of trouble at Country Garden, as mentioned in the video?
A decrease in the number of state-owned enterprises
A surge in property prices in Tier 1 cities
Economic and societal reverberations across China
Increased foreign investment in the property sector
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the strategic questions facing China's leadership regarding the property sector?
How to expand into international markets
How to manage the debt of multibillion-dollar tycoons
How to increase the number of private developers
How to reduce the number of state-owned enterprises
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to experts, what is expected to replace the property sector's influence on the economy in the future?
Expansion into Tier 1 cities
More private developers
High-tech and green investments
Increased foreign investments
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