Gu Lin chose the apartment at One Riviera because of its location: a quiet residential neighbourhood just a few kilometres ...
China’s housing market has a big problem: millions of unfinished homes that were sold but not delivered. Solving that is crucial for a recovery, but the problem keeps getting bigger. More ...
Blame for the property developer’s downfall has been placed on Chinese lending policies, but poor corporate oversight was ...
IN JANUARY, more than 100 financial sleuths were dispatched to the Guangzhou headquarters of China Evergrande Group, a real ...
The size of unfinished, pre-sold homes in China is about 20 times the size of developer Country Garden as of the end of 2022, Nomura analysts said. "We estimate that there are around 20 million ...
China's property market, which makes up a substantial chunk of the country's economy, needs more government support to prevent it from deteriorating further, analysts said. Existing home prices ...
BEIJING: When China's largest developer Country Garden first skipped debt payments in August, its shares tumbled 14 per cent, marking a reversal of fortunes: from industry poster child to another ...
By Anjan Roy One of the most powerful global credit agencies, Moody’s, has downgraded China’s economic outlook to negative from stable. This has major implications for a country in the financial ...
Authorities have set aside billions of dollars to help developers complete and deliver apartments that were already sold, but the logjam is growing. China’s housing market has a big problem ...
