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Tough year looms as China's real estate developers face record wall of debt

Regulators have choked off a key source of funding; curbs are likely to hit smaller builders harder
Tuesday, December 13, 2016 - 05:50

Beijing

FOR China's highly leveraged real estate developers, 2017 could be the year that the borrowing binge finally catches up with them.

Regulators have choked off a key source of funding, with the Shanghai Stock Exchange raising the threshold for property firms to sell bonds on

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