Moody’s downgrades major Chinese property developer Vanke
BEIJING: Moody’s has downgraded one of China’s largest housing developers’ credit rating, as woes in the country’s property sector show no sign of abating. China’s real estate market is grappling with unprecedented challenges, with some developers on the verge of bankruptcy and lower property prices deterring consumers from making investments. Register to read this story […]
T Kauer 
BEIJING: Moody’s has downgraded one of China’s largest housing developers’ credit rating, as woes in the country’s property sector show no sign of abating.
China’s real estate market is grappling with unprecedented challenges, with some developers on the verge of bankruptcy and lower property prices deterring consumers from making investments.
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