Deadbeat developer debt collection enters new phase with Shimao liquidation
世茂遭建行入禀清盘 中资行开展房企追债潮

China Construction Bank’s request to liquidate Shimao shows that state-owned banks are starting to take legal action to recover their money from the debt-ridden industry
manbetx3.0 房地产开发商世茂遭国有银行入禀清盘。国有银行对本国房企采取法律行动，或许意味着这波房地产调整期已进入新阶段。