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China Mulls More Property Easing at Economic Meeting
Posted
December 9, 2022
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3:14Now PlayingChinese authorities may further soften their stance on property policies at its key economic meeting next week, according to people familiar with the matter. Meanwhile, China Evergrande Group, the developer at the epicenter of China's property debt crisis appears to be inching closer to unveiling a restructuring blueprint. And Sunac China Holdings Ltd., China's 10th-largest developer, is working on restructuring more than $9 billion of unsecured offshore debt, according to people with knowledge of the matter. Sofia Horta e Costa reports on Bloomberg Television.
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