China tightens offshore financing channel for real estate firms
China’s state planner said on
Friday it tightened a financing channel for real estate
companies by requiring that any new offshore bond issues be used
only to replace medium- and long-term offshore debt maturing in
the next year.
Friday it tightened a financing channel for real estate
companies by requiring that any new offshore bond issues be used
only to replace medium- and long-term offshore debt maturing in
the next year.
Posted by Reuters
