{"id":131664,"date":"2022-11-18T10:01:09","date_gmt":"2022-11-18T03:01:09","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-debt-local-government-land-grabs-raise-concerns-amid-tumbling-fiscal-revenues\/"},"modified":"2022-11-18T10:08:44","modified_gmt":"2022-11-18T03:08:44","slug":"china-debt-local-government-land-grabs-raise-concerns-amid-tumbling-fiscal-revenues","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-debt-local-government-land-grabs-raise-concerns-amid-tumbling-fiscal-revenues\/","title":{"rendered":"China debt: local government \u2018land grabs\u2019 raise concerns amid tumbling fiscal revenues"},"content":{"rendered":"


\nBudget deficits for local governments in China have been growing as a result of rising spending and a slump in land sales and tax revenues, with some turning to land purchases via local government financing vehicles (LGFVs).
\n
\nSource : South China Morning Post
\nRead more…China debt: local government \u2018land grabs\u2019 raise concerns amid tumbling fiscal revenues<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Budget deficits for local governments in China have been growing as a result of rising...<\/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-131664","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-yfC","jetpack-related-posts":[{"id":142984,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-debt-downgraded-to-junk-status-by-moodys-as-liquidity-concerns-mount-amid-tumbling-property-sales\/","url_meta":{"origin":131664,"position":0},"title":"China Vanke debt downgraded to \u2018junk\u2019 status by Moody\u2019s as liquidity concerns mount amid tumbling property sales","date":"March 11, 2024","format":false,"excerpt":"\r The international ratings agency has stripped state-backed property giant China Vanke of its investment-grade credit rating amid concerns over its liquidity and ability to access funding amid declining sales.\r \r Source : South China Morning Post\r Read more...China Vanke debt downgraded to \u2018junk\u2019 status by Moody\u2019s as liquidity concerns\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118345,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-overseas-land-investment-develops-technology-ecosystem-to-create-new-income-source-as-first-half-revenues-beat-expectations\/","url_meta":{"origin":131664,"position":1},"title":"China Overseas Land & Investment develops technology ecosystem to create new income source, as first-half revenues beat expectations","date":"August 24, 2020","format":false,"excerpt":"\r China Overseas Land & Investment (COLI) is moving to develop a technology ecosystem to create new sources of income amid a slowing property market, as the developer\u2019s first-half revenues beat expectations.The company has set aside 20 per cent of its resources to establish new businesses in the elderly living,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":157402,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-land-and-property-remain-at-the-core-of-chinas-economic-transition\/","url_meta":{"origin":131664,"position":2},"title":"Why land and property remain at the core of China\u2019s economic transition","date":"July 11, 2025","format":false,"excerpt":"\r Amid a prolonged economic transition, China\u2019s growth engine is shedding its old gears. The heyday of real estate expansion is over. Urban home prices have lost their relentless upwards march and local governments, once flush with land revenues, are confronting fiscal strain. It is tempting to declare this the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133476,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-fortune-land-to-raise-us1-78-billion-from-asset-sales-to-repay-creditors\/","url_meta":{"origin":131664,"position":3},"title":"China Fortune Land to raise US$1.78 billion from asset sales to repay creditors","date":"December 29, 2022","format":false,"excerpt":"\r Debt-stricken China Fortune Land agrees to sell its interests in four projects to a state-backed firm to pare debt.\r \r Source : South China Morning Post\r Read more...China Fortune Land to raise US.78 billion from asset sales to repay creditors","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35170,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-overseas-land-reassures-investors-after-ceos-sudden-resignation\/","url_meta":{"origin":131664,"position":4},"title":"China Overseas Land reassures investors after CEO\u2019s sudden resignation","date":"November 21, 2016","format":false,"excerpt":"\r China Overseas Land and Investment (COLI) sought to reassure investors following the surprise resignation last week of its chairman and chief executive Hao Jianmin, which sent the company\u2019s share price tumbling. Former senior vice president Xiao Xiao, who was elected chairman and appointed chief executive officer in Hao Jianmin\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-developer-modern-land-china-seeks-debt-extension-to-repay-us87-5-million-early\/","url_meta":{"origin":131664,"position":5},"title":"Evergrande crisis: developer Modern Land (China) seeks debt extension, to repay US$87.5 million early","date":"October 11, 2021","format":false,"excerpt":"\r Property developer Modern Land (China) on Monday asked its debt holders for a three-month extension on a US$250 million bond set to come due later this month to avoid a potential default, as concerns continue to swirl around the embattled China Evergrande Group and the Chinese property sector\u2019s debt\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\/131664"}],"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=131664"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/131664\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=131664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=131664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=131664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}