I haven't seen this argument before: the article linked below notes that it may difficult to find a white knight for Kaisa due to the large number of projects frozen by and intertwined with the Shenzhen government. For "strangers" to Shenzhen, there is not much advantage.
iFeng: 融创10余人进驻佳兆业总部 一次性全盘接手有困难
Blurred [sovereign debt restructuring] lines
-
Would an official sector creditor by any other name be treated as sweetly?
No comments:
Post a Comment