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China News: Moody's Cuts Vanke to Junk Territory
Posted
March 12, 2024
Views
3,188
Likes
44
Comments
16
Engagement
1.88%
March 12, 2024
3,188
44
16
1.88%
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5:03Now PlayingPressure is mounting on state-backed developer, China Vanke, with Moody's cutting its rating to junk territory. Two big lenders are also said to be balking at terms for a new loan.
Bloomberg Intelligence's China Property Analyst, Kristy Hung, and Bloomberg Opinion columnist, Shuli Ren, join Bloomberg: The China Show.
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