The liquidity crisis in China’s property sector is intensifying. Photo: Reuters
The liquidity crisis in China’s property sector is intensifying. Photo: Reuters

Top Chinese think tank meets mainland developers, banks as property sector’s liquidity crisis deepens

  • The Development Research Center of the State Council met representatives from developers and lenders including Kaisa Group and Ping An Bank
  • Fitch Ratings has further downgraded Kaisa to CCC- from CCC+

The liquidity crisis in China’s property sector is intensifying. Photo: Reuters
The liquidity crisis in China’s property sector is intensifying. Photo: Reuters
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