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- China's property sector has faced mounting stress in recent years, with developers struggling to service their enormous debt.
- Investor anxiety about the property crisis has fueled a rout in Chinese developers' dollar bonds, which have lost 87% of their value, according to Debtwire.
- As many as 53 Chinese developers have collapsed in recent years.
China's economy is facing many headwinds at the moment, and its once-booming property sector is increasingly looking like a bad bet for foreign investors.