ANALYSIS: China’s Property Developers to Face Repayment Pressure in 2024

ANALYSIS: China’s Property Developers to Face Repayment Pressure in 2024
Residential buildings in Huaian, in China's eastern Jiangsu Province, on Nov. 16, 2022. STR/AFP via Getty Images
Indrajit Basu
Updated:
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News analysis

Persistent property woes will continue to be the biggest drag on China’s property developers next year, posing a key problem for the world’s second-largest economy as builders struggle for cash and property buyers hesitate to spend, unsure if the depressed real estate sector can recover.