While Chinese developers have been facing debt risks, the Chinese government has outlined rules to rein in the borrowing costs of developers, including measures that would cap their debt ratios in relation to their cash flows, assets and capital levels.
These efforts to curb developers will result in less debt, according to Peter Churchouse, managing director of Portwood Capital.
Pro Nooooooooooo thanks..... noooo to Chinese companies ....
Pro Lol offering investment advice in China assets now are we?
Pro The city of Milan during the Lockdown2 seen from the Cab 🚖
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