Vanke requests one-year delay on bond payment in latest sign of trouble
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The walls are closing in fast on Vanke, one of China’s largest property developers.
On December 1, Vanke reportedly sought a one-year delay on RMB 2 billion worth of onshore notes due on December 15 (Caixin).
There’s more: According to Caixin, Vanke also proposed skipping both upfront and interest p...