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Property Giant Sunac Joins List of Chinese Developers That Can’t Pay Offshore Debts

Property Giant Sunac Joins List of Chinese Developers That Can’t Pay Offshore Debts
Property Giant Sunac Joins List of Chinese Developers That Can’t Pay Offshore Debts

Chinese Real Estate Market collapsing? (Source)

Major Chinese Builder Sunac Fails to Make Bond Interest Payment - BNN  Bloomberg

One of the largest Chinese real estate developers Sunac has defaulted on dollar bonds payment.

🇨🇳 Sunac joins Chinese real estate companies like Evergrande, Fantasia, Modern Land, Kaisa Group Holdings etc. – all of them are not able to pay their debt back.

What do you think?

Written by colinnew

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