China Vanke Faces Reality Check as Bond Extension Talks Drag On

Even more evidence is piling up that China Vanke Co. can no longer rely on state support, underscoring a dramatic reversal for the developer whose local government backing had until...

By Jackie Cai, Yuling Yang · Bloomberg

Even more evidence is piling up that China Vanke Co. can no longer rely on state support, underscoring a dramatic reversal for the developer whose local government backing had until recently made the risk of default seem distant.