Analysis, Capital

China’s regional banks’ close ties with property sector seen as a 'time bomb'

By Natasha Teja
Image via Getty

The impending default of China’s largest private property developer threatens to bring down local banks submerged in bad property loans. Now China needs to manage its contagion risk, experts say. 

Country Garden’s admission this week to the Hong Kong Stock exchange that it “will not be able to ...

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