The region continues to be plagued by heavy overbuilding and a depressed tourism market.

这座城市一直被房屋超供和低迷的旅游市场所困扰。

youdao

But the Chinese property business is going through a painful retrenchment after years of overbuilding, which suggests Vanke's bonds are not without their risks.

然而，中国房地产行业在历经多年的过热发展后，正艰难度过寒冬期。从这一点能够看出，万科发行的债券也并非毫无风险。

youdao

But the Chinese property business is going through a painful retrenchment after years of overbuilding, which suggests Vanke's bonds are not without their risks.

然而，中国房地产行业在历经多年的过热发展后，正艰难度过寒冬期。从这一点能够看出，万科发行的债券也并非毫无风险。

youdao