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China to order developers to disclose commercial paper debt every month - sources By Clare Jim Reuters HONG KONG (Reuters) - Chinese regulators want property developers to disclose details of rapidly growing commercial paper issuance in their monthly reports, said three sources, as part of Beijing s move to rein in ballooning debt in the property sector as the economy slows. Real estate developers in the world s second largest economy are major issuers in the commercial paper market, which saw new issues worth 3.6 trillion yuan ($556.00 billion) in 2020, up 20% from 2019. Commercial paper, which is not counted as interest-bearing debt, is commonly used in the property sector as a payable that promises construction suppliers a payment on a future fixed date, usually within one year, though the suppliers sometimes sell the paper before maturity at a small discount in the secondary market.

Clare jimEvergrande yuanlinSumeet chatterjee simon cameron mooreXinpeng zhuLevergrande real estate groupPeople bankSichuan languang developmentShanghai rongying law firmChina evergrande groupChina fortune landSichuan languangHong kong listedSumeet chatterjeeSimon cameron mooreதெளிவு ஜிம்சுமீட் சாட்டர்ஜி சிமோன் கேமரூன் மூர்