In Depth: As Chinese Developers Inch Toward Offshore Debt Deals, Long-Term Headwinds Persist

The housing market won’t return to its glory days and companies may not be able to raise enough money to pay back all their borrowings, analysts say

Some Chinese property developers that defaulted on billions of dollars of offshore bonds are edging closer to debt restructuring deals with investors — China Evergrande Group, Sunac China Holdings Ltd., and Fantasia Holdings Group Co. Ltd. are among the companies that have announced progress over the past two months………….

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