Residential property sales on the mainland began to tick higher in March, spurring property developers to replenish their land banks. Photo: Reuters

Ratings agency S&P warns of risks from aggressive land banking by Chinese developers

  • Mainland developers have been building up their land banks in line with the revival in the property market
  • S&P warned of ‘elevating refinancing risks’ as bond repayments among developers come due
Topic |   China property

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Residential property sales on the mainland began to tick higher in March, spurring property developers to replenish their land banks. Photo: Reuters
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