The NDRC appears to have allowed far fewer developers to issue offshore bonds since April. Photo: Reuters
The NDRC appears to have allowed far fewer developers to issue offshore bonds since April. Photo: Reuters
Bonds

Confusing bond sale rules are giving Chinese developers a ‘headache’

Homebuilders say they are baffled by the ‘arbitrary’ way the regulator is deciding which offshore bond sale applications to approve

The NDRC appears to have allowed far fewer developers to issue offshore bonds since April. Photo: Reuters
The NDRC appears to have allowed far fewer developers to issue offshore bonds since April. Photo: Reuters
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