Wanda Faces $700 Million of Bond Deadlines as China Woes Flare
China’s worsening property debt crisis is ratcheting up scrutiny of the country’s major real estate firms that have so far avoided default, as looming offshore bond maturities draw closer.
By Janice Huang, Dong Cao, Jackie Cai · Bloomberg Markets
China’s worsening property debt crisis is ratcheting up scrutiny of the country’s major real estate firms that have so far avoided default, as looming offshore bond maturities draw closer.