Property News · August 8, 2022

Two Chinese developers get support from state-owned entities, as Beijing responds to mortgage-boycott crisis with bailout


Two Chinese developers have secured support from state-owned shareholders or financial institutions to ease their debt burden, in the latest sign that Beijing is stepping in to bail out China’s embattled property sector.

Source : South China Morning Post
Read more…Two Chinese developers get support from state-owned entities, as Beijing responds to mortgage-boycott crisis with bailout