China’s property developers struggle to find buyers for billions in assets

November 03, 2021 7:04 AM

BEIJING (BLOOMBERG) – Property developers in China looking to raise badly needed cash by selling assets are finding it hard to strike deals as potential buyers in the sector hoard funds after home sales plunged and Beijing stepped up its borrowing crackdown.

Source : http://www.straitstimes.com/business/property/chinas-property-developers-struggle-to-find-buyers-for-billions-in-assets