Moody’s Investors Service said China’s real estate problems will make it harder for the country’s developers to access the U.S. debt market.

Chinese property developers have about $35 billion in dollar debt due this year

Problems in China’s real estate sector have been exacerbated in part by the debt crisis of Evergrande, once the country’s second-biggest property developer by sales. It is saddled with more than $300 billion in debt and is struggling to pay its creditors.