Chinese builders defaulted on a record amount of dollar bonds last year, fallout from a property-sector crackdown that left many builders with shrinking cash and fuelled more than a year of falling home sales.
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asiabusinessalert.com > Real Estate > Too little too late? Chinese developer misses bond payment even as the state dives in to save ailing property sector
Too little too late? Chinese developer misses bond payment even as the state dives in to save ailing property sector
