Statements (24)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:public_policy
|
gptkbp:appliesTo |
real estate developers
|
gptkbp:country |
gptkb:China
|
gptkbp:criteria |
cash-to-short-term debt ratio greater than 1
net gearing ratio less than 100% liability-to-asset ratio (excluding advance receipts) less than 70% |
gptkbp:effect |
restricted borrowing for non-compliant developers
|
https://www.w3.org/2000/01/rdf-schema#label |
Three Red Lines policy
|
gptkbp:implementedIn |
gptkb:People's_Republic_of_China
gptkb:Ministry_of_Housing_and_Urban-Rural_Development_of_China |
gptkbp:notableAffectedEntity |
gptkb:Sunac_China_Holdings
gptkb:Country_Garden gptkb:Evergrande_Group |
gptkbp:purpose |
control financial risk
reduce leverage in real estate sector |
gptkbp:region |
gptkb:Mainland_China
|
gptkbp:relatedTo |
deleveraging
Chinese property sector crisis Chinese property bubble |
gptkbp:sector |
real estate
|
gptkbp:startDate |
2020
|
gptkbp:bfsParent |
gptkb:2021_Chinese_property_sector_crisis
gptkb:Chinese_property_sector |
gptkbp:bfsLayer |
7
|