China’s debt-saddled property sector has at least $292 billion of onshore and offshore borrowings coming due through the end of 2023, raising the specter of mounting payment pressure following this year’s record wave of defaults.
There’s $53.7 billion borrowings still due the rest of 2022, followed by $72.3 billion of maturities in the first quarter of next year. The figures include onshore and offshore bonds and loans as well as domestic trust loans according to data compiled by Bloomberg and research firm Use Trust.
