Authorities reportedly tell Vanke to prepare debt restructuring plan
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
A debt reckoning is arriving for Vanke, long seen as China’s last too-big-to-fail property giant. On January 9, Bloomberg reported that authorities have asked Vanke to submit a debt-restructuring plan for official approval.
A holistic restructuring by Vanke – which carries nearly USD 50 billion in ...