China.Table Feature Real estate crisis

Debts: Why the next developer could be facing insolvency

Vanke is struggling under a heavy debt load. Upcoming bond maturities are now putting the company under intense pressure. The fate of the group is widely seen as a bellwether for the trajectory of China’s property crisis.

11. January 2026
The Chinese real estate group Vanke is deeply in debt. (Imago)

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Last updated: 11. January 2026