Chinese developers continue to face hurdles in domestic bond sales amid government efforts to
tighten credit to curb the speculative fervour in the property market.
Underscoring the credit squeeze in construction and real estate development, the corporate debt market appears to have ground to a halt for real estate companies in mainland China during February, as no debt was issued by a company in the sector last month, according to data from Haitong Securities.
State-owned Beijing Capital Land…
Source : South China Morning Post
Read more…Chinese property developers face credit crunch as Beijing’s latest policy tightening takes effect















