China Vanke Sales Slump Worsens After Debt Cracks Show Up

China Vanke Co.’s sales slump worsened in November, adding to concern over its worsening finances during a prolonged property crisis.

Contracted sales for November declined 34.4% from a year earlier to 20.1 billion yuan ($2.8 billion), widening from a 22.8% drop in October, corporate filings show.