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China property crisis deepens as Vanke narrowly avoids bond default, shaking investor confidence
China Vanke, once the country’s largest homebuilder by sales, has narrowly avoided a major financial crisis, raising alarm ...
10don MSN
China Vanke's near-default exposes fragility of the faltering recovery in the property industry
China Vanke, once the country's largest homebuilder, narrowly avoided defaulting on a $284 million debt last week as the painfully slow recovery in China's property market drags on ...
HONG KONG, Dec 15 (Reuters) - China Vanke made a fresh effort to muster bondholder backing for an onshore debt repayment due this week and avoid a default after the state-backed developer's initial ...
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