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Some Chinese developers borrow at record low costs as new year starts

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Some Chinese property developers are borrowing at record low costs after the sector's bond sales have picked up since November. Analysts say, while the most difficult period for large homebuilders may have passed, smaller ones are expected to see more challenges amid mounting repayment pressure in the new year.

A handful of state-owned developers such as China Overseas, China Vanke and China Resources were able to borrow at low costs at around the end of . . .

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