• 09/20/2024

In a first, Chinese developer’s creditors plan to sue state-owned shareholder for dues 

Reuters

Reuters exclusively reported that a group of offshore creditors of China South City is set to file a lawsuit against the debt-laden developer’s biggest state-owned shareholder for dues, in what would be the first such case in the crisis-hit property sector. 

The post In a first, Chinese developer’s creditors plan to sue state-owned shareholder for dues  appeared first on Reuters News Agency.

https://www.reutersagency.com/en/reutersbest/article/in-a-first-chinese-developers-creditors-plan-to-sue-state-owned-shareholder-for-dues/