{"id":124476,"date":"2022-02-05T09:00:15","date_gmt":"2022-02-05T02:00:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-money-no-new-year-chinese-developers-remain-mired-in-debt-even-after-financial-lifeline\/"},"modified":"2022-02-05T09:15:41","modified_gmt":"2022-02-05T02:15:41","slug":"no-money-no-new-year-chinese-developers-remain-mired-in-debt-even-after-financial-lifeline","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-money-no-new-year-chinese-developers-remain-mired-in-debt-even-after-financial-lifeline\/","title":{"rendered":"\u2018No money, no new year\u2019: Chinese developers remain mired in debt even after financial lifeline"},"content":{"rendered":"


\nAs millions of Chinese headed home last week to celebrate the Lunar New Year, Michael Lin had to break the bad news to his 7-year-old daughter: she would not be seeing her grandparents in Anhui province during the long holiday week.Lin, who runs a painting and heating-insulation company in neighbouring Jiangsu province, had to sell the family\u2019s 2017 Honda SUV last December to keep his small business \u2013 and six employees \u2013 afloat.He is one of the thousands of suppliers who have had to forgo\u2026
\n
\nSource : South China Morning Post
\nRead more…\u2018No money, no new year\u2019: Chinese developers remain mired in debt even after financial lifeline<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

As millions of Chinese headed home last week to celebrate the Lunar New Year, Michael...<\/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-124476","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-wnG","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":124476,"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":166592,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-country-garden-gains-hong-kong-court-backed-debt-lifeline\/","url_meta":{"origin":124476,"position":1},"title":"Chinese developer Country Garden gains Hong Kong court-backed debt lifeline","date":"December 5, 2025","format":false,"excerpt":"\r Country Garden Holdings has cleared a major hurdle this week after securing approval for both its onshore and offshore restructuring plans, offering the embattled developer a lifeline amid mainland China\u2019s property downturn. Sources said the Hong Kong High Court on Thursday endorsed a proposal allowing the indebted developer, once\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131846,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-offers-another-lifeline-for-cash-strapped-developers-as-it-allows-them-to-tap-equity-financing\/","url_meta":{"origin":124476,"position":2},"title":"China offers another lifeline for cash-strapped developers as it allows them to tap equity financing","date":"November 29, 2022","format":false,"excerpt":"\r The CSRC\u2019s measures to facilitate equity financing for Chinese developers applies to companies listed in mainland China and in Hong Kong.\r \r Source : South China Morning Post\r Read more...China offers another lifeline for cash-strapped developers as it allows them to tap equity financing","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111437,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-lose-appetite-for-land-in-greater-bay-area-as-weaker-sales-tighter-credit-clip-their-wings\/","url_meta":{"origin":124476,"position":3},"title":"Chinese developers lose appetite for land in Greater Bay Area as weaker sales, tighter credit clip their wings","date":"October 8, 2019","format":false,"excerpt":"\r Chinese developers have been losing their appetite for land in the Greater Bay Area (GBA) as they find themselves short of funds amid weakening property sales and a government crackdown on debt, new figures show.Ninety-three parcels of land were snapped up by the 20 major developers tracked by data\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148610,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-year-old-problems-for-chinese-developers-as-debt-crunch-keeps-bond-investors-wary\/","url_meta":{"origin":124476,"position":4},"title":"New year, old problems for Chinese developers as debt crunch keeps bond investors wary","date":"December 31, 2024","format":false,"excerpt":"\r Little respite for troubled developers as home sales remain in the doldrums, funding constraint persists.\r \r Source : South China Morning Post\r Read more...New year, old problems for Chinese developers as debt crunch keeps bond investors wary","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121719,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-to-focus-on-debt-reduction-until-2023-to-meet-three-red-lines-deadline\/","url_meta":{"origin":124476,"position":5},"title":"Chinese developers to focus on debt reduction until 2023 to meet \u2018three red lines\u2019 deadline","date":"August 30, 2021","format":false,"excerpt":"\r Debt reduction will be a top priority for Chinese developers until 2023 and many of them are actively taking steps to lower their liabilities as they do not want to come under further scrutiny from regulators who are determined to improve the sector\u2019s financial health, say analysts.With most developers\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\/124476"}],"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=124476"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124476\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}