lgfv

Chinese property developers are facing higher financing risk and tighter liquidity positions given the deteriorating cash collection from contracted sales, but strong policies are limiting the damage

In a bid to boost China's economy, the government has rembraced the investment-driven growth model. Lianhe Global lays out what this means for the country's property sector and LGFVs.

In a bid to contain systemic risk, China’s NDRC restricted the use of proceeds from newly raised debt. Companies without outstanding debt will be effectively barred from accessing the offshore market.

Local-government financing vehicles have been one of the fastest growing sectors for G3 bonds. Fitch Ratings’ international public finance team’s Terry Gao, Samuel Kwok and Ark Huang reveal their outlook for this sector in 2019.

S&P Global Ratings expect defaults in China to rise in 2018 and predicts that 2018 may see the first LGFV default in the bond market.