• Mon
  • Dec 22, 2014
  • Updated: 2:21am

Trust Companies

More defaults expected at China's property trusts

Chinese trust firms provide vital funding for many mainland developers. Photo: Reuters

China’s property trust sector will probably suffer more defaults in the next two years as thousands of small developers will be squeezed out of business by intensifying competition amid policy tightening by the government, industry analysts said.

Thursday, 5 December, 2013, 11:25am