China’s Tahoe on default spree as Vanke sets ‘stringent’ terms

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China’s Tahoe on default spree as Vanke sets ‘stringent’ terms

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naka - stock.adobe.com

Holders of Chinese property developer Tahoe Group’s onshore bonds had to face up to two defaults from the company this week, as uncertainty looms over whether a tie-up with its peer China Vanke Co will eventually go ahead. Addison Gong reports.

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