Investing.com-- S&P Global downgraded its credit rating on China Vanke (SZ: 000002) on Thursday evening and flagged a ...
Vanke's plan announced late on Wednesday accelerated a selloff that had begun a day earlier when a media report sparked ...
China’s property crisis has reignited after one of its largest state-backed developers was plunged into a fresh debt spiral.
Within three years, Beijing must rebalance from investment to consumption, putting downwards pressure on iron ore prices.
China’s real estate sector suffered another blow after Vanke proposed delaying repayment on a local bond, sending some of its ...
SHANGHAI/HONG KONG (Reuters) -Ratings agency S&P Global downgraded China Vanke on Friday, saying the troubled property ...
China Vanke will seek bondholder approval to delay the repayment of a 2 billion yuan ($282.6 million) onshore bond, a filing ...
China's factory sector likely shrank for an eighth month in November, highlighting the dilemma facing policymakers over ...
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G20 fails to deliver on sovereign debt distress
The missive called on the International Monetary Fund (IMF) to sell its gold reserves and set up a debt relief fund for ...
Vanke has lost its ability to generate cash flow and is “relying on external transfusions to keep operating”, said Zhang ...
Since mid-2024, the government has cut borrowing costs on existing mortgages, relaxed buying curbs in big cities and lowered ...
Yet in more recent months, the market has fallen back into the basement. Prices in China’s 70 biggest cities dropped in ...
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