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Chinese developers face headwinds, warns Moody's

Finance Markets / Market Trends

China

Mar 15 2017

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Carolyn Cummins, The Sydney Morning Herald

Ratings agency Moody's Investor Services has warned that Chinese developers will face increasing competition, after the Chinese government said it would fine-tune some measures to curtail price hikes in some cities.

This could see the developers face very stiff competition as they try to snap up market share amid the increased regulatory controls, according to a new report.

 

Go to The Sydney Morning Herald to read the full story.

SOURCE: The Sydney Morning Herald

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