China Developer Sunac Warns of Losses Up to $4 Billion for 2022

The video discusses the ongoing challenges in China's property sector, highlighting the struggles of developers like Sunak and the financial losses they face. Despite some signs of recovery with rising home sales and prices, the crisis continues, particularly for defaulted developers who cannot access new financing. The focus is on debt restructuring plans, with companies like Evergrand and Sunak working on proposals to manage their debts.

What challenges did developers like Sunak face in accessing financing?

What strategies are companies like Evergrand and Sunak employing to address their debt issues?