Debt risks for China's property giant Vanke
Edited By WION Video Desk
Published: Mar 05, 2024, 06:05 IST | Updated: Mar 05, 2024, 06:05 IST
In yet another proof of a spiralling real estate crisis, china's property giant Vanke faces debt servicing risks. China's number two real estate developer by sales, Vanke, saw its stock and bond prices fall to new lows on Monday as worries about the company's ability to repay creditors resurfaced.
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