Property News · June 13, 2023

Pimco doubts China property market recovery without more funding as confidence and full use of capital raising tools have been lacking


China’s stricken property sector needs broader policy support and more comprehensive funding access as developers are still grappling with the worst-ever debt crisis that has triggered a wave of defaults even as markets await further underpinning measures from Beijing

Source : South China Morning Post
Read more…Pimco doubts China property market recovery without more funding as confidence and full use of capital raising tools have been lacking