Property

Chinese builders hit by soaring debt and weak sales

Mainland developers are expected to face an uphill battle through the rest of the year as they struggle with growing debt and a slowdown in home sales.

Chinese property developers are facing a double whammy of worsening credit quality and slower sales growth as, despite the trade spat with the US, regulators maintain their cooling measures.

¬ Haymarket Media Limited. All rights reserved.

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