BofA Sees Lack of Funding Support for China’s Privately-Owned Developers

Helen Qiao, chief Greater China economist at BofA Global Research, discusses the debt woes among China’s property developers and the government policies. Moody’s Ratings stripped state-backed developer China Vanke Co. of investment-grade credit rating and warned of potential further cuts. Qiao speaks on “Bloomberg: The China Show.” (Source: Bloomberg)

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