Logo 16 Apr 2024

Vanke vows victory over debt crisis

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State-backed developer Vanke has a plan to overcome its financial woes.
Chairman Yu Liang and CEO Zhu Jiusheng gave some insight into those plans at an investor event on Sunday.
ICYMI: Vanke, China’s second-biggest developer by 2023 sales, is in major financial distress and on the verge of default.
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