South China Morning Post: Nowhere to hide for Chinese developers as slump deepens amid cash crunch, debt defaults despite easing measures

  • Home sales fell 25.6 per cent last quarter as concerns about credit squeeze, debt defaults sidelined buyers
  • Local authorities in more than 60 municipalities have taken steps to unshackle the market from rules hobbling the industry

Read Here

Be the first to comment

Leave a Reply

Your email address will not be published.