The Traderszone Network

Published in TZ Latest News 11 July, 2017 by The TZ Newswire Staff

Meet China’s most indebted developer

China’s latest economic regulations are aimed at reducing the high-volume accumulation of risky business ventures, as well as cut off the pipeline of cash between Chinese cities and real estate investment hot spots like New York City. But one Chinese developer appears not to be bothered by all that. Sun Hongbin, the chairman of Chinese real estate developer Sunac China Holdings, completed a $9.3 billion acquisition of 89 hotel and tourism assets from Dalian Wanda […]

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