As we all know falling home sales are a particular threat to
developers, who typically rely heavily on change from the sale of
unfinished projects to clear for operations and expand. A credit
crunch, dwindling transactions and falling prices in some hot markets
are adding up to trouble for the Chinese real estate industry. It is
known that although official figures show investment in concept rose 32
percent in the first four months from a assemblage earlier, developers
are worried as bank loans dry up and the cost of tapping other sources
of funds rises. Which is being a major concern globally now.



Yang Junfang, deputy head of strategic investment for Xinyuan Real
Estate, said at a concept forum last week that "Our strategy today is
to safeguard our change flow," and added "We're taking a more
conservative view of the future." The situation is making bank
regulators and analysts troubled that a new crop of bad concept loans
is on the way.





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to safeguard our change flow,\" and added \"We're taking a more
conservative view of the future.\" The situation is making bank
regulators and analysts troubled that a new crop of bad concept loans
is on the way.





http://360.yahoo.com/jerome17custodio
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