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Chinese developer Modern Land misses payment on US dollar bond

October 26, 2021 9:18 AM

HONG KONG (BLOOMBERG) – Modern Land China has become the latest Chinese builder to miss payment on a US dollar bond, in a further sign of stress in the nation’s indebted real estate sector.

Source : http://www.straitstimes.com/business/property/chinese-developer-modern-land-misses-payment-on-us-dollar-bond

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