Vanke Secured 20 Billion Chinese Yuan in Syndicated Loans
NANJING, CHINA - MAY 24, 2024 - A Vanke property under construction is seen in Nanjing, Jiangsu province, China, May 24, 2024. China's housing giant Vanke, which is facing financial difficulties, signed an agreement with China Merchants Bank and other financial institutions to obtain a 20 billion yuan syndicated loan, according to several media sources.
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