Many Chinese developers have been struggling amid elevated borrowing costs and strict property curbs in bigger cities. Photo: Xinhua

Tahoe, Chinese developer at biggest risk of default, tries to offload a dozen projects to ease liquidity stress

  • Tahoe Group is seeking to sell 12 development projects it paid at least 40 billion yuan for in the last two years
  • Developer’s weak turnover is partly down to its exposure in big cities, where regulatory controls are tight
Topic |   China property

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Many Chinese developers have been struggling amid elevated borrowing costs and strict property curbs in bigger cities. Photo: Xinhua
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