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More than 100 builders go bust in China as virus strains deepen

The property sector is already reeling from a slowing market; smaller home builders will be hardest hit

As Covid-19 spreads, the squeeze may be felt most acutely by Chinese banks and property firms. As a result, mergers and acquisitions among the nation's almost 100,000 real estate companies will ramp up again in 2020, say analysts.


THE coronavirus epidemic is accelerating a shakeout in China's property sector as a cash crunch forces distressed developers to throw in the towel.

With lockdowns across the world's most-populous nation entering their third month, smaller home builders are being pushed to...

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