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

https://upload.wikimedia.org/wikipedia/commons/thumb/8/85/Horizon_Resort_Apartment%2C_Suzhou.jpg/1280px-Horizon_Resort_Apartment%2C_Suzhou.jpg

Be the first to comment

Leave a Reply

Your email address will not be published.


*