One of China’s biggest state-backed developers, Vanke, is on the brink of default. The firm has amassed $52 billion in debt ...
As home sales continue to plummet, Beijing has curbed independent reporting of real estate figures. The gag order masks a deepening property slump that continues to erode household wealth and strain ...
Chinese property giant Evergrande's shares will be taken off the Hong Kong stock market on Monday after more than a decade and a half of trading. It marks a grim milestone for what was once China's ...
The Chinese property giant's debt woes will not seriously affect China’s property sector, according to analysts; however, a restructuring might be on the cards.
Four years after its biggest and most indebted property developer collapsed, China’s domestic economy is still struggling ...
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Chinese property developer Country Garden, ...
China Vanke's proposal to delay repayment of an onshore bond led to trading halts in three other local notes and triggered a selloff in Chinese property developers, ratcheting up fears about the ...
Four overseas lenders are facing an uphill battle to recover more than US$600m from a Chinese company that was once part of property developer Guangzhou R&F Properties, after the latter's chairman ...
Chinese property developer Country Garden Holdings plans to issue convertible bonds and warrants in an effort to pare down its debt by more than $11.0 billion. As part of its restructuring plan, ...
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