Chinese property developers to see highest offshore debt maturities since 2015 in first quarter

China housing market

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Chinese property developers are facing a large amount of offshore debt maturing this year, at a time when housing sales are slowing and financing channels remains closed off following the country's campaign to curb borrowing in the sector.

Property developers will see $18.5 billion of offshore debt coming due in the first quarter of the year, the highest quarterly amount since 2015, according to data from Wind Information.

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