Quantcast
CCR - Deals & Pricing

Global Report: Bad Debt in China's Wenzhou Swells on Abandoned Homes

Falling property prices in the city triggered $1 billion of bad loans as buyers abandoned homes and stopped making mortgage payments, according to the country's Economy & Nation Weekly.

To continue reading, please log in or complete the free registration.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here
Please note you must now log in with your email address and password.