As China Evergrande Group teeters on the edge of collapse, videos of protesting home buyers have flooded social media. Online government message boards teem with complaints and pleas for intervention […]
China Evergrande Group
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Back to news homeChina’s GDP Growth Slows as Property and Energy Take a Toll
Volkswagen, the market leader in China, said on Friday that its production had been falling as the company faced an ever-worsening chip shortage and other supply chain issues. The company […]
Home Buyers Who Went All In on Evergrande Now Want Out
China is trying to cool its costly and dangerously debt-ridden housing market, where high prices and go-go levels of borrowing and spending are increasingly seen as a national threat.But as […]
Another Chinese real estate developer misses a payment.
A Chinese real estate developer missed a key payment to foreign bondholders this week, heightening the persistent fears of a coming crisis in China’s real estate sector.The developer, Fantasia Holdings […]
The End of a ‘Gilded Age’: China Is Bringing Business to Heel
Chinese tech companies are reeling from regulation. Nervous creditors are hoping for a bailout for China’s largest developer. Growing numbers of executives are going to jail. An entire industry is […]
China Evergrande’s Shares Are Halted as Doubts Swirl
Shares of China Evergrande were halted on Hong Kong’s stock exchange on Monday as doubts swirled over whether the struggling property giant would be able to meet its immense financial […]
Evergrande’s Struggles Offer a Glimpse of China’s New Financial Future
HONG KONG — Xu Jiayin was China’s richest man, a symbol of the country’s economic rise who helped transform poverty-stricken villages into urbanized metropolises for the fledgling middle class. As […]
A Strange Voice on the Phone
Angela Merkel’s party comes up short in Germany. In yesterday’s election, the center-left Social Democratic Party led by Olaf Scholz won 1.6 percentage points more of the vote than Merkel’s […]
How China Plans to Avert an Evergrande Financial Crisis
“The government can place them under watch and pressure them through their employers or relatives not to make trouble,” said Minxin Pei, a professor of government at Claremont McKenna College […]
China Detains Top HNA Group Executives
Evergrande’s fate and what its failure could mean for China’s economy have divided some of the world’s best-known investors. The billionaire investor George Soros recently argued that an Evergrande collapse […]