China Vanke default watch is Xi’s moment to let markets lead

As 2025 ends and 2026 approaches, Fitch Ratings is reminding China investors why it may be time to fasten those seatbelts. On Wednesday (December 17), Fitch downgraded troubled homebuilder China Vanke Co to “C” status from “CCC-” at a moment of maximum suspense for the last survivor of a years-long property crisis. The move adds
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