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Zhongliang, unable to borrow because of China's 'three red lines', pushed to brink of default as Covid-19 lockdowns kill property sales

The developer, shut out of funding markets by Beijing’s ‘three red lines’, is giving its creditors more time to accept an exchange offer on two of its bonds as China’s Covid-19 measures batter the market. ....

China Property , Three Red Lines ,

Inside the Chinese property crash

Inside the Chinese property crash
macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.

Seazen Holdings , Sino Ocean Group , Shimao Group , Shanghai Shimao , Central China Real Estate , Ganglong China , Shui On Land , Road King , China South City , Country Garden , Times China , China Resources Land , Bofa China Activity Coincident Tracker , Bofa China ,