Property News · July 18, 2022

A fifth of Chinese developers face insolvency as investors grow tired of repeated bond extensions, S&P Global warns


At least a fifth of rated Chinese property developers will end up becoming insolvent, putting as much as US$88 billion of their distressed bonds at risk, according to S&P Global Ratings.

Source : South China Morning Post
Read more…A fifth of Chinese developers face insolvency as investors grow tired of repeated bond extensions, S&P Global warns