Chinese Banks Brace For Massive Hit As Homebuyers Refuse To Pay Loans

August 23, 2022

China’s homebuyers are refusing to pay mortgage loans and their “stop mortgage repayment” movement has spread to several Chinese provinces

Tags: China Economy China Property Debt Mortgages

Aarushi Agrawal

Aarushi is an art director, design thinker & a great cook. She has been in the communications industry for more than 7 years and has an aptitude for picking up new skills and quickly adapting to new situations. She enjoys meeting new people and believes that to laugh is the best way to optimize life.

Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.

China

China Voices Concern on ‘Negative Factors’ in Dealings With US

China Voices Concern on ‘Negative Factors’ in Dealings With US

Jim Pollard 26 Apr 2024

AF China Bond

Popular News