Economic pressure. There are growing concerns about the finances of China’s Logan Group, one of the strongest developers in the country. This week, ratings firm Fitch downgraded the company one level to BB- following questions about the scale of Logan’s undisclosed debt. Uncertainty over the company’s financial state only adds to existing concerns about the […]
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Daily Memo: Financial Concerns in China, Defense Deal for Denmark
The rating of a key Chinese property developer was downgraded this week.
