Chinese developers such as Country Garden Holdings Company have been shifting their focus from offshore to onshore borrowing since late last year, Photo: Reuters

Chinese developers hit hard as funding dries up

Domestic bonds sold by Chinese developers so far this month have tumbled to US$715 million by deal value, or 5 by deal numbers, compared to US$7.2 billion, and 38 deals in October

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Chinese developers such as Country Garden Holdings Company have been shifting their focus from offshore to onshore borrowing since late last year, Photo: Reuters
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