Published 12:42 IST, March 1st 2024
China property crisis: Deutsche Bank to slap liquidation suit against developer Shimao
Shimao Group, among the many Chinese developers with rising credit defaults, missed interest and principal payment for a $1 billion offshore bond in July 2022.
Deutsche Bank Shimao liquidation lawsuit | Image:
Republic
- Listen to this article
- 2 min read
Advertisement
12:42 IST, March 1st 2024