China’s property crisis has reignited after one of its largest state-backed developers was plunged into a fresh debt spiral.
Once one of the country’s biggest growth drivers, China’s property market has been in a downward spiral for four years with ...
China Vanke will seek bondholder approval to delay the repayment of a 2 billion yuan ($282.6 million) onshore bond, a filing ...
Vanke has lost its ability to generate cash flow and is “relying on external transfusions to keep operating”, said Zhang ...
New World Development Co. and China Vanke Co., two of the most closely watched distressed Chinese property names, are again forcing investors to reckon with the fallout from the country’s real estate ...
Within three years, Beijing must rebalance from investment to consumption, putting downwards pressure on iron ore prices.
SHANGHAI/HONG KONG (Reuters) -Bonds of Chinese state-backed property developer Vanke tumbled on Wednesday, after media hints of a possible restructuring of its debt reignited doubts about further ...
News this week that Beijing is working on new measures to help revive the struggling housing market is encouraging as China ...
Evergrande was the symbol of the excess of China’s property market. On Monday, its shares were delisted from Hong Kong’s stock exchange, leaving creditors in limbo. Evergrande’s delisting from the ...
China’s debt is more than 250 percent of GDP, higher than the United States. It remains lower than Japan, the world’s most indebted leading economy, but some experts say the concern is that China’s ...
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 ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results