As half-finished real estate projects span throughout parts of rural China, investors are seeking to collect on their debt payments. Investors bought debt in areas outside the major Chinese cities are now growing worried about getting their money back amid a weakening economy and tighter regulations on bank lending, according to the Wall Street Journal. Local governments in China along with more than 2,000 financing companies have trillions of dollars of debt that have now […]
source https://therealdeal.com/miami/2019/03/03/chinese-real-estate-investments-face-mounting-debt-concerns/#new_tab
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