A number of Chinese real estate companies have repeatedly defaulted on commercial paper payments amid a sector-wide liquidity crunch and that has made it difficult for some suppliers and construction companies to maintain normal operations
A total of 484 companies were overdue on at least three commercial paper payments during the period of August 1 - December 31, according to a list released by the Shanghai Commercial Paper Exchange.
Everything you are looking for about China markets is on THE WIRE, with up-to-the-minute reporting on regulatory updates, economic indicators, market trends and company spotlights throughout every trading day.
Random China information is everywhere, but focused and systematic reporting on China market is rare.
