摘要
The prices of bonds dominated in US dollars,or dollar bonds,issued by Chinese-funded property companies have been plummeting for several months,triggered by several defaults by big property companies and real estate group Evergrande's ongoing scramble to restructure.The pessimism has spread to the overall sector as major international rating agencies continued to downgrade the ratings of Chinese property developers,hiting them doubly hard.Even though in some places mortgage policies were loosened in late October,as regulators have stressed stabilizing the market.
