Chinese developers are increasingly seeking to raise money on the international bond market, even as default rates skyrocket. Fourteen top developers in China have issued offshore bonds worth about $8.6 billion as of January 2019, more than double the amount from the same time last year, the South China Morning Post reported. Some Chinese developers have struggled amid a slowing housing market in Hong Kong and in mainland China. In one case, Zhejiang-based developer Jiayuan […]
source https://therealdeal.com/miami/2019/02/02/chinese-developers-look-to-international-bond-market-amid-default-troubles/#new_tab
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