China Fortune Land defaults on liquidity crunch

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

China Fortune Land defaults on liquidity crunch

money_cash_default_wallet_Adobe_575px_17Jun20
Man counting coins left to next salary, low income, lack of money, poverty | Ievgen Chabanov/motortion - stock.adobe.com

Property company China Fortune Land Development has missed payments on Rmb5.255bn ($813m) of onshore debt, adding to concerns about its liquidity condition and access to funding.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article