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Chinese developers racing to issue bonds for debt repayment

Chinese real estate developers are rushing to issue bonds to repay maturing debts and the good news for them is - the financing environment is improving significantly compared to the second half of 2018, with borrowing cost falling sharply.

According to data from the Centaline Property Agency, as of January 24, real estate developers had announced nearly 60 financing plans to raise more than 150 billion yuan, the highest one-month . . .

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