Name: Chinese Real Estate Firm Shimao Defaults
Uploaded: 2022-01-07T04:42:57.000Z
Description: Evergrande and Kaisa are not the only Chinese real estate developers that defaulted recently. According to a letter by lender China Credit Trust, property developer Shimao Group defaulted on a loan after missing a payment to investors.

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Evergrande and Kaisa are not the only Chinese real estate developers that defaulted recently. According to a letter by lender China Credit Trust, property developer Shimao Group defaulted on a loan after missing a payment to investors.

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