Like many others, Chinese property developers are nervously waiting to see what’s in store for China’s weakening economy. And they probably have some cause to worry. A weak economic outlook typically dampens purchasing power and investment sentiment, potentially leading to easing property sales and weaker credit quality. Standard & Poor’s Ratings Services has highlighted the [...]
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Why China’s Residential Developers Are Back On Solid Ground
China’s residential real estate developers are on less shaky terrain this year. That’s a key finding from a new sector report issued by Standard & Poor’s Ratings Services titled “China’s Residential Developers Are Back On Solid Ground; Outlook Revised To Stable”. Property sales have strengthened and more developers are able to improve their liquidity at [...]