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[ad_1] China’s top real estate developers, Evergrande and Country Garden, have defaulted on their debts. But the issues in China’s property market have much deeper roots....
[ad_1] Pictured here on Sept. 7, 2023, are residential buildings under construction at the Tao Yuan Tian Jing project, developed by Evergrande in Yangzhou, China. Bloomberg...
[ad_1] Updated Oct. 26, 2023 12:05 am ET With China’s property bust threatening to sink the country’s economic recovery, Xi Jinping is looking for someone to...
[ad_1] Country Garden shares tumbled to fresh eight-month lows Monday, extending losses on renewed debt fears for the Chinese property sector. Future Publishing | Future Publishing...
[ad_1] Shares of Evergrande were suspended on Thursday, Hong Kong’s exchange announced. Seen here are residential buildings under construction at the Tao Yuan Tian Jing project,...
[ad_1] China’s urbanization drive may be drawing to a close — and that could further hurt the already ailing property sector, according to China economist Hao...
[ad_1] UAW President Shawn Fain marches with UAW members through downtown Detroit after a rally in support of United Auto Workers members as they strike the...
[ad_1] NANJING, CHINA – AUGUST 18, 2023 – Aerial photo shows a residential area of Evergrande in Nanjing, East China’s Jiangsu province, Aug 18, 2023. (Photo...
[ad_1] Residential buildings stand at the Metro Town development, jointly developed by CK Asset Property Holdings Ltd., Nan Fung International Holding Ltd. and MTR Corp., in...
[ad_1] The headquarters of China’s developer Country Garden Holdings in Foshan, in China’s southern Guangdong province. STR | AFP | Getty Images Chinese real estate company Country...
[ad_1] Stocks closed mostly lower Friday, capping off a bruising week of losses as Treasury yields jumped and China’s mounting property woes gripped investors. The Dow...
[ad_1] Aerial photo shows a rural residential area in Chengdong town of Hai ‘an City, East China’s Jiangsu Province, April 1, 2023. Future Publishing | Future...
[ad_1] China Evergrande Group EGRNF, has sought Chapter 15 bankruptcy protection in New York courts, according to reports Thursday. China’s second-largest developer earlier this month reported...
[ad_1] The Evergrande Group headquarters building in Shenzhen is pictured on January 11, 2022 in Shenzhen, Guangdong Province of China. Liang Xiashun | Visual China Group...