{"id":75317,"date":"2017-12-27T16:00:55","date_gmt":"2017-12-27T09:00:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/co-working-spaces-taking-china-by-storm\/"},"modified":"2017-12-27T17:03:04","modified_gmt":"2017-12-27T10:03:04","slug":"co-working-spaces-taking-china-by-storm","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/co-working-spaces-taking-china-by-storm\/","title":{"rendered":"Co-working spaces taking China by storm"},"content":{"rendered":"


\nGrant Horsfield says he had a heart attack in early 2009, after Chinese bank ICBC recalled a loan from his bank account for 30 million yuan (US$4.58 million), as the latter received an order from the country\u2019s authorities to reduce debt following the global financial crisis.
\nIt was two years after the South African entrepreneur had started his business in China. To avoid running out of cash, he was forced to turn to loan sharks for the same amount, who charged him whopping annual interest…
\n
\nSource : South China Morning Post
\nRead more…Co-working spaces taking China by storm<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Grant Horsfield says he had a heart attack in early 2009, after Chinese bank ICBC...<\/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-75317","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-jAN","jetpack-related-posts":[{"id":171762,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-first-biodiversity-loan-goes-to-henderson-land-for-central-yards-green-spaces\/","url_meta":{"origin":75317,"position":0},"title":"Hong Kong\u2019s first biodiversity loan goes to Henderson Land for Central Yards green spaces","date":"May 13, 2026","format":false,"excerpt":"\r Henderson Land Development secured the first biodiversity loan in Hong Kong, receiving around HK$100 million (US$12.8 million) from HSBC and Hang Seng Bank for green initiatives at Central Yards, the company\u2019s flagship mixed-use development on the New Central Harbourfront. This loan would provide a \u201cscalable blueprint\u201d for companies to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143111,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-secures-us194-million-loan-from-industrial-bank-in-brief-respite-for-troubled-property-developer\/","url_meta":{"origin":75317,"position":1},"title":"China Vanke secures US$194 million loan from Industrial Bank in brief respite for troubled property developer","date":"March 20, 2024","format":false,"excerpt":"\r A loan for China Vanke, one of China\u2019s largest developers, could provide temporary relief to a sector rocked by defaults and by a court order for the liquidation of China Evergrande Group, the world\u2019s most indebted developer.\r \r Source : South China Morning Post\r Read more...China Vanke secures US4\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125583,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-holds-benchmark-loan-rate-despite-mounting-economic-pressures\/","url_meta":{"origin":75317,"position":2},"title":"China holds benchmark loan rate despite mounting economic pressures","date":"March 21, 2022","format":false,"excerpt":"\r China held its benchmark lending rate despite concerns over a cooling economy, the central bank confirmed on Monday.The one-year loan prime rate (LPR) \u2013 on which most new and outstanding loans are based \u2013 remained at 3.70 per cent at the March fixing.The five-year LPR \u2013 which is a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60920,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-places-wanda-under-unprecedented-scrutiny-closes-off-most-loan-options\/","url_meta":{"origin":75317,"position":3},"title":"China places Wanda under unprecedented scrutiny, closes off most loan options","date":"July 17, 2017","format":false,"excerpt":"\r China\u2019s bank regulator has instructed the country\u2019s largest state-owned lenders to put six of magnate Wang Jianlin\u2019s overseas acquisition projects under an unprecedented level of scrutiny, because they have touched a red line concerning foreign investments, according to several sources familiar with the matter. Four of the six purchases\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120944,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-hit-by-a-us2-71-billion-stock-sell-off-threatens-to-sue-lender-as-debt-controversy-turns-ugly\/","url_meta":{"origin":75317,"position":4},"title":"China Evergrande, hit by a US$2.71 billion stock sell-off, threatens to sue lender as debt controversy turns ugly","date":"July 19, 2021","format":false,"excerpt":"\r China Evergrande has threatened to take legal action against a local bank after the lender froze some of its deposits onshore to recover a loan, highlighting another episode of market jitters and controversy surrounding the builder\u2019s creditworthiness.The Shenzhen-based developer, the nation\u2019s most-indebted by some yardsticks, is planning to sue\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120790,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-creditor-minsheng-bank-pares-loans-to-developer-amid-concerns-about-leverage-default\/","url_meta":{"origin":75317,"position":5},"title":"China Evergrande\u2019s creditor Minsheng Bank pares loans to developer amid concerns about leverage, default","date":"June 24, 2021","format":false,"excerpt":"\r China Evergrande\u2019s top bank creditor has reduced its exposure to the nation\u2019s most-indebted developer to assuage its own investors, a sign that local lenders have started to raise their guard against the risk of defaults.China Minsheng Banking Group, a major commercial lender, said its loan exposure to Evergrande has\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\/75317"}],"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=75317"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/75317\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=75317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=75317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=75317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}