You are here

China property trusts face rising default risks

The trust funds must repay 634b yuan of debt this year, up 50% from last year

[SHANGHAI] China's property trusts, grappling with repayments equivalent to the size of Puerto Rico's economy, face rising default risks as a former central bank adviser dubs real estate the biggest threat to the economy. The trust funds must repay 634 billion yuan (S$130.84 billion) of debt

Market voices on:

Powered by GET.comGetCom