Reorg’s Ongoing Coverage of the Chinese Real Estate Industry
Since 2019, Reorg's Asia Core Credit team has been publishing updates on the Chinese real estate industry, as PRC government-driven credit tightening put smaller debt-laden Chinese real estate developers under immense pressure. This has played out over many months and our most recent updates laid out the new measures released by the Beijing municipal govenment for the supervision and administration of the real estate companies' presale funds. The proposal aims at stregthening the regulation of presale funds, which include homebuyers deposits, down payments, mortgage payments and other payments, ensuring the delivery of projects, protecting home buyers' rights and promoting the healthy...
Read More