{"id":109356,"date":"2019-07-26T07:15:13","date_gmt":"2019-07-26T00:15:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/bankruptcies-among-chinese-developers-are-up-by-a-half-amid-slowing-economy-restrictions-on-borrowing\/"},"modified":"2019-07-26T09:03:38","modified_gmt":"2019-07-26T02:03:38","slug":"bankruptcies-among-chinese-developers-are-up-by-a-half-amid-slowing-economy-restrictions-on-borrowing","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bankruptcies-among-chinese-developers-are-up-by-a-half-amid-slowing-economy-restrictions-on-borrowing\/","title":{"rendered":"Bankruptcies among Chinese developers are up by a half amid slowing economy, restrictions on borrowing"},"content":{"rendered":"


\nThe number of Chinese property developers going out of business as they find themselves struggling to borrow money amid a slowing economy has gone up by half, according to official figures.So far this year, 274 builders have filed for bankruptcy, a rise of 50 per cent from a year ago, according to the website of the People\u2019s Court Daily, a state-owned publication.A recent, high-profile example was Yinyi Group, a developer in the Chinese port city of Ningbo, which filed for bankruptcy\u2026
\n
\nSource : South China Morning Post
\nRead more…Bankruptcies among Chinese developers are up by a half amid slowing economy, restrictions on borrowing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The number of Chinese property developers going out of business as they find themselves struggling...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-109356","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-srO","jetpack-related-posts":[{"id":172524,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-court-guidance-aims-to-smooth-developer-bankruptcies-reassure-creditors\/","url_meta":{"origin":109356,"position":0},"title":"Chinese court guidance aims to smooth developer bankruptcies, reassure creditors","date":"September 9, 2026","format":false,"excerpt":"\r China\u2019s Supreme People\u2019s Court has issued the country\u2019s first systematic judicial guidance governing bankruptcy proceedings for property developers, in an effort to end inconsistencies that have slowed disposals and deterred capital in recent years. The framework called for timely reorganisations of viable developers and prompt liquidations of those lacking\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111451,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/golden-week-property-sales-plunge-in-major-chinese-cities-amid-slowing-economy-tight-mortgage-conditions\/","url_meta":{"origin":109356,"position":1},"title":"\u2018Golden week\u2019 property sales plunge in major Chinese cities amid slowing economy, tight mortgage conditions","date":"October 8, 2019","format":false,"excerpt":"\r Property sales in China\u2019s major cities saw one of their worst \u201cgolden week\u201d holidays in years, as buyers held back amid a slowing economy and tight restrictions on mortgage loans.Sales of new homes in Beijing dropped to their lowest level since 2014 during the week following the National Day\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109540,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-politburo-for-the-first-time-decides-against-relaxing-property-curbs-to-stimulate-slowing-economy\/","url_meta":{"origin":109356,"position":2},"title":"China\u2019s Politburo for the first time decides against relaxing property curbs to stimulate slowing economy","date":"July 31, 2019","format":false,"excerpt":"\r Chinese developers\u2019 hopes that Beijing would ease property curbs to bolster a slowing economy were dashed as the country\u2019s top decision-making body discussed ways to support domestic demand including boosting consumption and manufacturing investment.The Communist Party\u2019s Politburo, which met on Tuesday to lay out economic policies for the second\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110116,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-among-property-developers-reporting-slowdown-in-half-yearly-profit-as-era-of-skyrocketing-growth-ends\/","url_meta":{"origin":109356,"position":3},"title":"Country Garden among property developers reporting slowdown in half-yearly profit, as era of \u2018skyrocketing\u2019 growth ends","date":"August 22, 2019","format":false,"excerpt":"\r Four mainland Chinese property developers reported slow growth in half-yearly profits on Thursday, in a sign even the top companies are losing momentum amid tighter regulations and slowing sales growth.Country Garden, the largest seller of homes in China, reported a 23.4 per cent increase in its interim core net\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83807,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/top-chinese-developers-lower-growth-expectations-for-2018\/","url_meta":{"origin":109356,"position":4},"title":"Top Chinese developers lower growth expectations for 2018","date":"March 27, 2018","format":false,"excerpt":"\r Top Chinese developers that released their annual results on Monday have set modest sales targets for this year amid a less sanguine outlook under financial restrictions introduced by Beijing, and the pursuit of better margins to woo capital markets. China Evergrande Group and China Overseas Land and Investment have\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50864,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-chinese-cities-piled-on-with-price-curbs-in-march-crimping-developers-outlook\/","url_meta":{"origin":109356,"position":5},"title":"More Chinese cities piled on with price curbs in March, crimping developers\u2019 outlook","date":"April 4, 2017","format":false,"excerpt":"\r More mainland Chinese cities imposed a slew of additional restrictions on home purchases last month to curb runaway prices and speculation, damping developers\u2019 sales outlook this year and highlighting the risks of overstretched finances in one of the pillars of the Chinese economy. At least 40 cities including Beijing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109356"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=109356"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109356\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}