Property developers sell bonds to fund projects, spurn shadow banking
Financing through sale of notes boosts transparency in sector flagged as the No 1 risk to the economy
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Singapore
CHINA'S builders are selling more bonds and spurning shadow banking, boosting transparency in an industry flagged by regulators as the No 1 risk to the economy.
Property companies have raised a record US$40 billion through international and domestic notes this year, up 31 per cent from 2013, data compiled by Bloomberg show.
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