Tag Archives: Fitch

Fitch Ratings on liquidity of China real estate developers, debt crisis

China’s embattled developer Evergrande is on the brink of default. Here’s why it matters Residential sales plummeted alongside home buyer confidence. Home sales by value dropped 16.31% from last year in November, a fifth month of declines. New home prices fell 0.3% from the previous month, the largest decline since February 2015, according to Reuters. Fitch said in its report …

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