Vanke has lost its ability to generate cash flow and is “relying on external transfusions to keep operating”, said Zhang ...
At the same time, Vanke said it was experiencing “temporary liquidity difficulties” from a fall in new-build home sales in ...
Within three years, Beijing must rebalance from investment to consumption, putting downwards pressure on iron ore prices.
Since mid-2024, the government has cut borrowing costs on existing mortgages, relaxed buying curbs in big cities and lowered ...
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 ...
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 ...
Washington's latest warnings about Chinese lending are not just another skirmish in a long-running rivalry, they are a signal ...
State-backed developer China Jinmao Holdings Group Ltd. is planning its first overseas bond in more than three years, people ...
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 ...
China has dramatically curtailed its lending in recent years. Now, it's emerging as the largest debt collector for many of the world's poorest nations — a shift that threatens to undermine poverty ...
Zambia will host a Chinese premier on Wednesday for the first time in 28 years as the sub-Saharan state emerges from a ...