Beijing’s Answer to Property Sector’s Debt: Keep On Borrowing - News Summed Up

Beijing’s Answer to Property Sector’s Debt: Keep On Borrowing


Bigger is better, at least for Chinese property developers. That isn’t exactly a surprise, but a notice from the country’s economic policy planner posted Wednesday has reaffirmed this view. The National Development and Reform Commission said it would support “high quality” private companies to tap the enterprise bond market, a type of corporate...


Source: Wall Street Journal December 14, 2018 09:45 UTC



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