Chinas economy is grappling with intensifying challenges as mounting debt, persistent deflation, and an aging population ...
Most of China’s biggest defaulted developers are reaching a restructuring milestone, as creditors increasingly accept that better terms  | Real Estate News ...
local governments are trying to keep these zombie firms afloat with tax breaks and subsidies due to their heavy debt. But ...
The severely indebted real estate developer China Evergrande, already in the process of liquidation, said on Tuesday it will be delisted from Hong Kong’s stock exchange on Aug. 25, another setback to ...
BANGKOK — Shares in China Evergrande were removed from the Hong Kong Stock Exchange on Monday, marking another step in the retreat of the giant real estate developer whose downfall contributed to a ...
China lost 432 billionaires since the high of 1,185 in 2021, according to a list compiled by the Hurun Research Institute.
China's economy likely grew at its slowest pace in a year last quarter, according to an AFP survey, dragged down by ...
Bloomberg recently reported that Beijing is preparing to mobilize over 1 trillion yuan in loans from state-owned and policy banks to help local governments clear overdue payments to private ...
HONG KONG (AP) — China Evergrande on Tuesday said it will be delisted from Hong Kong’s stock exchange on Aug. 25, more than a year and a half after the city’s court ordered the heavily indebted real ...
Zane Li was nine years old when he got a baby sister – and her arrival plunged the family in a small city in eastern China into crippling debt. Under China’s stringent one-child policy at the time, Li ...
HONG KONG (AP) — The severely indebted real estate developer China Evergrande, already in the process of liquidation, said on Tuesday it will be delisted from Hong Kong’s stock exchange on Aug. 25, ...