New World, Vanke Debt Moves Shake Up China’s Property Sector
New World Development Co. and China Vanke Co., two of the most closely watched distressed Chinese property names, are again forcing investors to reckon with the fallout from the country’s...
By Jackie Cai · Bloomberg Markets
New World Development Co. and China Vanke Co., two of the most closely watched distressed Chinese property names, are again forcing investors to reckon with the fallout from the country’s real estate crisis.