{"id":124294,"date":"2022-01-19T21:00:27","date_gmt":"2022-01-19T14:00:27","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-drafts-rules-to-give-property-developers-more-access-to-escrow-funds-to-ease-industrys-cash-crunch-sources-say\/"},"modified":"2022-01-19T21:07:33","modified_gmt":"2022-01-19T14:07:33","slug":"china-drafts-rules-to-give-property-developers-more-access-to-escrow-funds-to-ease-industrys-cash-crunch-sources-say","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-drafts-rules-to-give-property-developers-more-access-to-escrow-funds-to-ease-industrys-cash-crunch-sources-say\/","title":{"rendered":"China drafts rules to give property developers more access to escrow funds to ease industry\u2019s cash crunch, sources say"},"content":{"rendered":"


\nChina is drafting nationwide rules to make it easier for property developers to access funds from sales still held in escrow accounts in its latest move to ease a severe cash crunch in the sector, four people with knowledge of the matter said.Regulatory curbs on borrowing have driven the sector into crisis, highlighted by China Evergrande Group which was once China\u2019s top-selling developer but is now the world\u2019s most indebted property firm with liabilities of US$300 billion.The new rules would\u2026
\n
\nSource : South China Morning Post
\nRead more…China drafts rules to give property developers more access to escrow funds to ease industry\u2019s cash crunch, sources say<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China is drafting nationwide rules to make it easier for property developers to access funds...<\/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-124294","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-wkK","jetpack-related-posts":[{"id":124349,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/embattled-developer-kaisa-group-to-resume-construction-at-project-in-foshan-after-receiving-funds-held-in-escrow-accounts\/","url_meta":{"origin":124294,"position":0},"title":"Embattled developer Kaisa Group to resume construction at project in Foshan after receiving funds held in escrow accounts","date":"January 25, 2022","format":false,"excerpt":"\r Embattled Chinese developer Kaisa Group has pledged to resume construction at a project in Foshan in the southern province of Guangdong after funds held in escrow accounts were returned to it.The development comes hot on the heels of reports last week that China was moving to ease a severe\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124296,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-kaisa-and-other-indebted-developers-get-a-break-as-chinas-rate-cuts-release-funds-to-relieve-their-cash-crunch-and-mounting-debt\/","url_meta":{"origin":124294,"position":1},"title":"Evergrande, Kaisa and other indebted developers get a break as China\u2019s rate cuts release funds to relieve their cash crunch and mounting debt","date":"January 20, 2022","format":false,"excerpt":"\r China\u2019s publicly traded developers soared on the stock market, as the first cut in mortgage rates in two years combined with a government plan to grant them easier access to sales receipts brought much-needed relief to their cash crunch and mounting debt.The Hang Seng Mainland Properties Index, which tracks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131579,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/turning-point-for-chinas-property-developers-beijing-measures-to-ease-credit-crunch-stabilise-sector-analysts-say\/","url_meta":{"origin":124294,"position":2},"title":"\u2018Turning point\u2019 for China\u2019s property developers: Beijing measures to ease credit crunch, stabilise sector, analysts say","date":"November 14, 2022","format":false,"excerpt":"\r Beijing\u2019s 16-point rescue plan to stabilise the nation\u2019s wobbling property sector is being hailed by analysts as the clearest sign yet of the government\u2019s determination to resolve the crisis.\r \r Source : South China Morning Post\r Read more...\u2018Turning point\u2019 for China\u2019s property developers: Beijing measures to ease credit crunch,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45982,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-developers-face-credit-crunch-as-beijings-latest-policy-tightening-takes-effect\/","url_meta":{"origin":124294,"position":3},"title":"Chinese property developers face credit crunch as Beijing\u2019s latest policy tightening takes effect","date":"March 1, 2017","format":false,"excerpt":"\r Chinese developers continue to face hurdles in domestic bond sales amid government efforts to tighten credit to curb the speculative fervour in the property market. Underscoring the credit squeeze in construction and real estate development, the corporate debt market appears to have ground to a halt for real estate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114848,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-eases-housing-rules-for-builders-to-avert-liquidity-crunch-as-home-sales-crash-amid-viral-outbreak\/","url_meta":{"origin":124294,"position":4},"title":"Shenzhen eases housing rules for builders to avert liquidity crunch as home sales crash amid viral outbreak","date":"March 11, 2020","format":false,"excerpt":"\r Shenzhen is rushing new measures to help the city\u2019s developers avert a liquidity crisis amid the coronavirus outbreak, helping to soften the blow to new home sales the past two months.The Housing and Construction Bureau said home projects with pre-sale certificates can reopen their showrooms to prospective buyers, easing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":141779,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unshirkable-responsibility-chinas-financial-institutions-urged-to-support-property-developers\/","url_meta":{"origin":124294,"position":5},"title":"'Unshirkable responsibility': China's financial institutions urged to support property developers","date":"January 26, 2024","format":false,"excerpt":"\r Beijing announced measures to ease the cash crunch in the crucial real estate sector that's been hard hit by a crackdown on debt levels.\r \r Source : cnbc.com\r Read more...'Unshirkable responsibility': China's financial institutions urged to support property developers","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\/124294"}],"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=124294"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124294\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}