2019-06-19

Chinese Developers In Search of Dollars

Dollars are expensive.

Caixin: Tight Credit Drives Chinese Developers Abroad for Financing
Offshore financing costs for Chinese developers averaged at 8.13% during the first five months of 2019, a jump from 7.05% in 2018, according to the CRIC report. The costs climbed to 9.80% in May.

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