Posted inChina

China banks say mortgage boycott risk is overstated

Construction work on several unfinished Chinese residential property projects has resumed with local government support but it’s unclear when the flats will be delivered to homebuyers and whether the swinging of hammers marks a turning point for the crisis-ridden sector. Big property developers including Evergrande Group, Greenland Holdings and China Aoyuan Group have recently restarted […]

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