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Chinese Real Estate Developer Kaisa’s Debt Defaults Reflect CCP Infighting: Expert

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Chinese Real Estate Developer Kaisa’s Debt Defaults Reflect CCP Infighting: Expert
Guo Yingcheng (center) , the chairman and co-founder of Kaisa Group, at the company’s interim results meeting, on Aug. 29, 2017. Guo Weili/The Epoch Times
Kathleen Li
Updated:
News Analysis
Investors of Kaisa Group, one of China’s most active real estate developers, on Nov. 3 received a notice of overdue debt defaults from the company. A similar default happened one month earlier with another real estate developer, Fantasia Holdings.
Kathleen Li
Kathleen Li
Author
Kathleen Li has contributed to The Epoch Times since 2009 and focuses on China-related topics. She is an engineer, chartered in civil and structural engineering in Australia.
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