HONG KONG -- Property developer Sunac China Holdings has asked for "special policy support" from a city government to stem slowing sales, underscoring challenges faced by once-highflying companies in the world's second largest economy.
China debt crunch
Developer Sunac seeks support from Chinese city to stem slowdown
Stock rebounds after company says 'draft memo' erroneously leaked
%2520%E3%81%AE%E3%82%B3%E3%83%92%E3%82%9A%E3%83%BC.jpg?width=780&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto)
Sunac insists that its operations and sales in Shaoxing are "normal" and "fine." © Reuters
Read Next
Latest on China debt crunch
