The Intercontinental Shanghai Wonderland Hotel, a five-star hotel built in an abandoned quarry, is one of Shimao's projects. Bloomberg
The Intercontinental Shanghai Wonderland Hotel, a five-star hotel built in an abandoned quarry, is one of Shimao's projects. Bloomberg
Chinese developer Shimao defaults on $1bn bond amid worsening debt crisis
The company has about $5.5bn in outstanding offshore bonds
