Property News · January 5, 2023

Too little too late? Chinese developer misses bond payment even as the state dives in to save ailing property sector


Chinese builders defaulted on a record amount of dollar bonds last year, fallout from a property-sector crackdown that left many builders with shrinking cash and fuelled more than a year of falling home sales.

Source : South China Morning Post
Read more…Too little too late? Chinese developer misses bond payment even as the state dives in to save ailing property sector