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Chinese developers step up bond issuance to repay debt coming due

THE WIRE WITH UP-TO-THE-MINUTE UPDATES

Chinese real estate developers' bond issuance is picking up in both onshore and offshore markets as an increasing amount of their debt is maturing.

Analysts caution that the central bank's tightening liquidity as the Chinese economy recovers from the coronavirus fallout and slower home sales amid tightening real estate policies are likely to add to pressure on homebuilders.

As of July 21st, Chinese real estate developers issued a total of $41.63 billion yuan . . .

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