A worker pulls a cart in front of the residential and commercial buildings, including the Canton Tower, in Guangzhou, China, in November 2017. A report published by an investment bank noted that work had resumed at half the building sites among developers it covers. Photo: Bloomberg
Opinion
Opinion
The View
As the coronavirus tears through financial markets, Chinese real estate bonds are holding the fort
- While sales are falling and the rise in home prices slowing across Chinese cities, real estate debt remains resilient on the back of decisive government action to contain the spread of the coronavirus and policy support for developers
A worker pulls a cart in front of the residential and commercial buildings, including the Canton Tower, in Guangzhou, China, in November 2017. A report published by an investment bank noted that work had resumed at half the building sites among developers it covers. Photo: Bloomberg