New residential buildings in downtown Qingdao city, Shandong province. Property developers are experiencing soaring debt ratios as the downturn in the mainland’s property market continues. Photo: EPA

Debt ratios soar at developers in China

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New residential buildings in downtown Qingdao city, Shandong province. Property developers are experiencing soaring debt ratios as the downturn in the mainland’s property market continues. Photo: EPA
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