Vanke is (was) one of China's biggest real estate developers. Its been in troubles:
- China still can't shake off property market woes
- Moody's withdraws China property developer Vanke 'Baa3' rating (Baa3 is the lowest investment grade rating there is and that's gone.)
China Vanke now says its objective is to cut interest-bearing debt by 100bn yuan in the next 2 yrs
- Vanke's Chair says he maintains view that property market has over-corrected
