It’s not just homebuyers, property suppliers now boycotting loans | The Star

Hundreds of contractors to the property industry complained that they can no longer afford to pay their own bills because developers including China Evergrande Group still owe them money, Caixin reported, citing a statement it received from a supplier Tuesday.

The payments protest is the latest sign of how a movement by homebuyers to boycott mortgages on unfinished homes in China is spreading to affect other sectors in the economy.

It’s not just homebuyers, property suppliers now boycotting loans | The Star