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flag China Vanke awaits a bondholder vote on extending a 2 billion yuan repayment deadline, with a default possible if rejected.

flag China Vanke is awaiting a bondholder vote on whether to extend a 2 billion yuan bond repayment deadline by a year, with a decision due after markets close on December 22, 2025. flag The company, which missed the December 15 maturity date, faces potential default if the vote fails, marking a critical moment in China’s ongoing property crisis. flag A revised proposal offers interest payments and a 30-day grace period, following a prior rejection. flag Credit ratings agencies have downgraded Vanke to “C,” warning of possible further deterioration. flag The outcome could influence broader policy responses and signal how Beijing manages systemic risks in the real estate sector.

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