China's Builders Face a Tough Year

The video discusses the challenges faced by developers due to new bond issuance requirements in the Shanghai Stock Exchange. It highlights the financial obligations developers face, with significant amounts due in the coming years. Despite rising costs, strong property sales provide some relief. Larger developers are better positioned to weather these challenges, while smaller ones may struggle.

What is the current situation regarding property sales and liquidity for developers?

Which group of developers is expected to feel more of a funding squeeze, and why?