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Nearly a quarter of China's top 100.....>

CHINA PRESS
CHINA PRESS: Nearly a quarter of China's top 100 housing developers is facing
short-term debt repayment risks, the Economic Daily reported on Wednesday citing
a report by EH Consulting. About 24 out of 100 developers lack cash to cover the
maturity of their short-term debt, with cash-to-debt ratio less than 1, the
daily said. Developers should attach greater importance to cash flow control
amid the tightening regulation on real estate financing, the newspaper added. 

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