Chinese developer Vanke’s bonds have been downgraded by Moody’s in the latest outbreak of stress across the country’s troubled property sector.Vanke, the second-largest developer in China by sales, is state-backed and had retained investment-grade ratings despite a wave of defaults in the sector since the 2021 collapse of China Evergrande.
中國開發商萬科(Vanke)的債券遭穆迪(Moody's)下調評級，這是陷入困境的中國房地產行業承受著壓力的最新跡象。
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