China Builder Vanke Seeks Yuan Bond Extension for First Time
China Vanke Co. proposed delaying repayment on a local bond for the first time, a surprise move that raises fresh concerns about Beijing’s willingness to support even the largest distressed...
By Jackie Cai, Emma Dong · Bloomberg Markets
China Vanke Co. proposed delaying repayment on a local bond for the first time, a surprise move that raises fresh concerns about Beijing’s willingness to support even the largest distressed developers.