{"id":111231,"date":"2019-10-01T10:30:10","date_gmt":"2019-10-01T03:30:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/strong-sales-mean-yuan-depreciation-is-not-a-problem-for-chinese-developers-with-foreign-debts-moodys-says\/"},"modified":"2019-10-01T11:07:35","modified_gmt":"2019-10-01T04:07:35","slug":"strong-sales-mean-yuan-depreciation-is-not-a-problem-for-chinese-developers-with-foreign-debts-moodys-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/strong-sales-mean-yuan-depreciation-is-not-a-problem-for-chinese-developers-with-foreign-debts-moodys-says\/","title":{"rendered":"Strong sales mean yuan depreciation is not a problem for Chinese developers with foreign debts, Moody\u2019s says"},"content":{"rendered":"


\nMost Chinese property developers could withstand anything up to a 10 per cent depreciation in the yuan, because resilient sales will offset the cost of foreign debts, according to Moody\u2019s Investors Service.While home sales improved in the past two months in mainland China, not many developers were issuing bonds because of tighter regulatory scrutiny, according to the rating agency.The offshore Chinese yuan has weakened 3.7 per cent against the US dollar so far this year, the second-worst\u2026
\n
\nSource : South China Morning Post
\nRead more…Strong sales mean yuan depreciation is not a problem for Chinese developers with foreign debts, Moody\u2019s says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Most Chinese property developers could withstand anything up to a 10 per cent depreciation in...<\/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-111231","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-sW3","jetpack-related-posts":[{"id":95483,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-developers-squeezed-by-weaker-yuan-rising-cost-of-overseas-debt\/","url_meta":{"origin":111231,"position":0},"title":"Chinese property developers squeezed by weaker yuan, rising cost of overseas debt","date":"August 6, 2018","format":false,"excerpt":"\r Many Chinese developers turned to foreign markets to raise working capital earlier this year when regulators introduced a slew of measures to limit borrowing at home. Now, the sharp depreciation of the yuan is threatening to derail that funding lifeline by making it far more costly to service debt\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1821,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-with-large-offshore-debts-will-come-under-pressure-from-falling-yuan\/","url_meta":{"origin":111231,"position":1},"title":"Chinese developers with large offshore debts will come under pressure from falling yuan","date":"January 18, 2016","format":false,"excerpt":"\r Chinese property developers with significant exposure to offshore debt markets will come under added stress if the weakness in the yuan\u2019s exchange rates is prolonged, says ratings agency Standard & Poor\u2019s.\r \r Source : South China Morning Post\r Read more...Chinese developers with large offshore debts will come under pressure\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8624,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lesson-learnt-chinese-developers-build-up-currency-defence\/","url_meta":{"origin":111231,"position":2},"title":"Lesson learnt, Chinese developers build up currency defence","date":"March 20, 2016","format":false,"excerpt":"\r Unexpected yuan depreciation last year resulted in huge foreign exchange losses for Chinese developers with heavy exposure to bonds denominated in US dollar, but their situation may improve this year as these companies are tapping the domestic bond market and taking measu\r \r Source : South China Morning Post\r\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57958,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-shrugging-off-fed-action-as-yuan-depreciation-pressure-eases\/","url_meta":{"origin":111231,"position":3},"title":"China shrugging off Fed action as yuan depreciation pressure eases","date":"June 15, 2017","format":false,"excerpt":"\r China\u2019s monetary authority has shrugged off the US Federal Reserve\u2019s fourth interest rate increase in two and a half years this week, as the Chinese macroeconomic reality demands a different tool kit and a radically different approach to its previous policies, economists said. The Fed\u2019s two interest rate increases\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125764,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-firms-bond-issuances-fell-sharply-in-first-quarter-beikes-research-unit-says\/","url_meta":{"origin":111231,"position":4},"title":"Chinese property firms\u2019 bond issuances fell sharply in first quarter, Beike\u2019s research unit says","date":"April 8, 2022","format":false,"excerpt":"\r Bond issuances by Chinese property developers shrank sharply in the first quarter of 2022. Major developers issued offshore bonds worth only 35.5 billion yuan (US$5.6 billion) in the first three months of the year, which translates into a year-on-year decline of 68 per cent, said BRI, the research arm\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124517,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-shun-chinese-developers-as-bond-sales-slump-70-per-cent-with-market-frozen-for-many-junk-rated-borrowers-amid-defaults\/","url_meta":{"origin":111231,"position":5},"title":"Investors shun Chinese developers as bond sales slump 70 per cent with market frozen for many junk-rated borrowers amid defaults","date":"February 9, 2022","format":false,"excerpt":"\r Investors seem to have lost their appetite for bonds issued by Chinese developers while rising defaults by an increasing number of cash-strapped companies have pushed the cost of funding for the sector to more than a decade high.Chinese real estate companies issued 48.1 billion yuan (US$7.6 billion) worth of\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\/111231"}],"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=111231"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111231\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}