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Aggregated China Business Blogs
More Chinese Developers Will Likely Default In 2015
Aggregated Source: China Money Network
The earnings and profitability of some Chinese property developers could deteriorate further in 2015, and more defaults cannot be ruled out, says a report published by Standard & Poor's Ratings Services (S&P). The annual results for 2014 indicate that many developers are in significantly worse shape than in the previous year. Although most of these […]

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