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M&A will help Chinese property firms lower debt, PBOC official says

“Mergers and acquisitions of projects between real estate companies are the most effective market-oriented means for real estate companies to resolve risks,” Zou told reporters.

Chinese real estate firms have been under severe liquidity stress this year after regulators stepped up their deleveraging campaign against the bloated sector, triggering defaults at some heavily indebted companies.


Source: Economy - investing.com

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