Chinese developers are facing growing pressure on debt repayment as 958 billion yuan ($141 billion) of onshore and offshore bonds come due by the end of this year, data from a property think tank show.
Default risks remain despite government measures, consultant warns
A Beijing apartment building under construction in July 2022. © Reuters
Chinese developers are facing growing pressure on debt repayment as 958 billion yuan ($141 billion) of onshore and offshore bonds come due by the end of this year, data from a property think tank show.