• 11/25/2024

China property defaults won’t stop banks lending to cash-strapped developers, says Goldman Sachs report

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

China’s property downturn and recent slew of defaults are unlikely to rattle overseas creditors or deter domestic banks from channelling resources towards cash-strapped developers, according to the American investment bank.

https://www.scmp.com/business/banking-finance/article/3251298/china-property-defaults-wont-stop-banks-lending-cash-strapped-developers-says-goldman-sachs-report?utm_source=rss_feed