{"id":119790,"date":"2021-01-19T07:30:18","date_gmt":"2021-01-19T00:30:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-braces-for-another-record-year-of-bond-defaults-as-cash-starved-developers-breach-central-banks-red-lines-for-borrowings\/"},"modified":"2021-01-19T08:08:58","modified_gmt":"2021-01-19T01:08:58","slug":"china-braces-for-another-record-year-of-bond-defaults-as-cash-starved-developers-breach-central-banks-red-lines-for-borrowings","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-braces-for-another-record-year-of-bond-defaults-as-cash-starved-developers-breach-central-banks-red-lines-for-borrowings\/","title":{"rendered":"China braces for another record year of bond defaults as cash-starved developers breach central bank\u2019s red lines for borrowings"},"content":{"rendered":"


\nChina\u2019s corporate defaults may set a record this year when a trio of the central bank\u2019s debt limits kick in this month, as they crimp the ability by borrowers to use loans to repay their outstanding debt.One in five of China\u2019s biggest real estate developers including China Evergrande Group will be barred from borrowing any more money from banks according to the three red lines on debt drawn by the People\u2019s Bank of China, the state-owned Economic Information Daily said.The red lines are\u2026
\n
\nSource : South China Morning Post
\nRead more…China braces for another record year of bond defaults as cash-starved developers breach central bank\u2019s red lines for borrowings<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China\u2019s corporate defaults may set a record this year when a trio of the central...<\/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-119790","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-va6","jetpack-related-posts":[{"id":137954,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-more-china-property-developers-fail-to-meet-bond-repayment-obligations-seek-advise-on-resolving-defaults\/","url_meta":{"origin":119790,"position":0},"title":"Two more China property developers fail to meet bond repayment obligations, seek advise on resolving defaults","date":"June 26, 2023","format":false,"excerpt":"\r Central China Real Estate and Leading Holdings Group became the latest to default on their debt repayments as China\u2019s property sector\u2019s litany of woes continues with Beijing disappointing expectations of large-scale stimulus support.\r \r Source : South China Morning Post\r Read more...Two more China property developers fail to meet\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130718,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cifi-defaults-on-bond-triggering-sell-off-of-developers-fears-chinese-property-debt-crisis-is-spreading\/","url_meta":{"origin":119790,"position":1},"title":"Cifi defaults on bond, triggering sell-off of developers, fears Chinese property debt crisis is spreading","date":"October 13, 2022","format":false,"excerpt":"\r Cifi Holdings\u2019 first offshore bond default sparks fears that the debt crisis gripping China\u2019s property sector is spreading to developers previously deemed financially sound.\r \r Source : South China Morning Post\r Read more...Cifi defaults on bond, triggering sell-off of developers, fears Chinese property debt crisis is spreading","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123416,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-cash-strapped-developers-hold-off-defaults-through-deals-with-investors-but-not-out-of-the-woods-just-yet\/","url_meta":{"origin":119790,"position":2},"title":"China\u2019s cash-strapped developers hold off defaults through deals with investors, but not out of the woods just yet","date":"November 24, 2021","format":false,"excerpt":"\r Cash-strapped Chinese developers are trying to appease investors with partial repayments to win some more time.But with a bunch of deadlines looming, they are not out of the woods yet. Beijing\u2019s \u201cthree red lines\u201d have made it more difficult for such overleveraged developers to obtain bank loans, cutting off\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11168,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-developers-face-tough-sell-raising-funds-as-recent-defaults-send-chill-through-corporate-bond-market\/","url_meta":{"origin":119790,"position":3},"title":"China developers face tough sell raising funds as recent defaults send chill through corporate bond market","date":"April 22, 2016","format":false,"excerpt":"\r Defaults on onshore loans by mainland Chinese companies have triggered alarm among investors, igniting concerns that heightened risk aversion by creditors could affect the outlook for Chinese developers, who accounted for the lion\u2019s share of local debt issuance last year.\r \r Source : South China Morning Post\r Read more...China\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126355,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-lgfv-bonds-to-top-offshore-dollar-debt-issuers-in-2022-as-market-grows-tired-of-defaults-and-delayed-payments-by-developers\/","url_meta":{"origin":119790,"position":4},"title":"China\u2019s LGFV bonds to top offshore dollar debt issuers in 2022 as market grows tired of defaults and delayed payments by developers","date":"May 9, 2022","format":false,"excerpt":"\r The debt sold by LGFVs have filled in the vacuum of high-yielding debt sold by developers, as a sluggish real estate market and a record bout of defaults and missed payments deterred many global investors.\r \r Source : South China Morning Post\r Read more...China\u2019s LGFV bonds to top offshore\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":119790,"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\/119790"}],"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=119790"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119790\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}