China Developers Seek Steps to Ease Sector’s Troubles, CBN Says


Source: bloombergquint.com bloombergquint.com

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(Bloomberg) -- .China’s top developers have asked the government to ease its property-sector crackdown, local media reported, amid growing concerns about the fallout from China Evergrande Group’s debt crisis. .Senior managers of 10 firms asked for “moderate” loosening of real-estate policies at a meeting organized by government-linked industry group China Real Estate Association, China Business News reported on its WeChat account. .The real-estate division head of the Ministry of Housing and Urban-Rural Development attended, as did companies including Poly Developments and Holdings Group Co., China Vanke Co. and Sunac China Holdings, according to China Business News..The developers’ main requests include...