Developers in distress draw interest of loan buyers
By Bloomberg | China Daily | Updated: 2014-11-18 07:32
Many waiting for 'large cracks to occur' in nervous mainland real estate market
Buyers of distressed loans are watching China's property market closely as debt soars and growth falters.
Nomura Holdings Inc and Bank of America Corp said they will pay more attention to Chinese developers in 2015, having profited from trades in India, Australia, South Korea and Indonesia.
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