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ever Grand is one of the largest real estate developers in China its critical situation with defaults of more than $120 billion is already well known but now the China Securities and Exchange Regulatory Commission has accused the company of having inflated its revenues by more than $72 billion in other words the Chinese real estate boom could be worse than we imagined with housing and other property prices in freefall since 2021 Chinaamp;#39;s major constru C companies have been inching closer and closer to bankruptcy and the problem becomes even bigger if we take into account that the real estate sector represents more than 20% of the entire Chinese economy it is the main economic driver of the Asian giant even more than exports the question is can a definitive collapse be avoided what is the Chinese government doing to solve the real estate crisis the truth is that the future does not look Rosy in fact back in 2020 siing Pingamp;#39;s people trying to prick the bubble in a