China debt crunchState-backed developer's woes underscore difficulty of reversing sector's slumpChina Vanke has been in the spotlight over its struggle to repay debts amid deepening losses. © ReutersWATARU SUZUKIAugust 27, 2026 21:44 JSTSHANGHAI -- Losses at Chinese property developer Vanke widened in the first half of this year, underscoring the uphill battle in reversing the country's real estate slump.Read NextChina debt crunchChina Evergrande founder Hui Ka Yan sentenced to life in prisonChina debt crunchChina's property developers face fresh liquidity crunchPropertyChina's state developers power Shenzhen construction despite market woesCommentChina pays price for 'Ponzi scheme'-driven property boomChina debt crunchInvestor skepticism looms over China Vanke's state-led turnaroundChina debt crunchShenzhen Metro posts record $5.5bn loss as China Vanke exposure deepensLatest on China debt crunchChina debt crunchChinese court in Guangzhou accepts bankruptcy case of Evergrande unitChina debt crunchChina Evergrande founder Hui Ka Yan sentenced to life in prisonChina debt crunchCash at Chinese banks swells to record high as borrowing slows