An independent scrutiny by leading US law firm WilmerHale shows China massive data manipulation to hide slippage in the World Bank Group Ease of Doing Busin …
FINANCE
What Is China Evergrande and Why Is It In Trouble?
China Evergrande Group is quickly becoming the biggest financial worry in a country with no shortage of them. Fears of a default by the real estate developer, with $300 billion in liabilities and …
Impacts of the Evergrande incident on China
There are a lot of possibilities about how the restructuring of property development giant, Evergrande, could turn out. In this note, we discuss the …
Asian markets extend losses as China worries darken sentiment
Asian shares declined Tuesday, with Tokyo down 2% as worries about heavily indebted Chinese real estate developers weighed on sentiment.
What’s happening with Evergrande? China’s real-estate debt crisis rattles stock markets
Some are calling it “China’s Lehman moment,” but the financial situation unfolding at Evergrande Group didn’t just sneak up on traders.
What happens when Beijing’s housing bubble bursts?
Evergrande’s financial woes are raising fears China could soon witness the bursting of its massive house price bubble, which will deal a hefty blow to economic growth.
Beijing’s bid to join CPTPP may fail yet also succeed, experts say
Differences with members of the trade pact, notably Australia and Japan, may prevent China winning the backing needed, but there could be diplomatic benefits.
‘China’s Lehman crisis’ Beijing facing financial crash with collapsing property market
A MASSIVE economic crash is looming in China that could reverberate across the globe after $300 billion real estate debt and Beijing’s efforts to suffocate the nation’s tech sector.
China debt concerns mounting as Beijing shifts attention to hidden local government financing
Concerns are mounting over how local governments in China will pay back so-called hidden debts raised through self-issued bonds, especially as Beijing is increasing controls to prevent a meltdown in …
Stock market news live updates: Stock futures sink amid China’s Evergrande default risk, debt ceiling debates
U.S. stock futures sold off Monday morning, tracking declines in overseas equities as investors nervously eyed the potential ripple effects of the default of a major Chinese real estate company and …
China’s property giant Evergrande on the brink of default, showcases the problem of bad debt in country’s housing sector
China’s property giant Evergrande, the world’s most indebted property developer with more than $300 billion of liabilities has created fears of a “systemic” spillover to other parts of the Chinese …
China Property Fear Spreads Beyond Evergrande, Roiling Markets
Growing investor angst about China’s real estate crackdown rippled through markets on Monday, adding pressure on Xi Jinping’s government to prevent financial contagion from destabilizing the world’s …
The week in review: Beijing sets cap on banks’ overseas lending
The PBoC and the State Administration of Foreign Exchange (Safe) have drafted new regulations for banks’ overseas loans businesses. They are taking public feedback until October 3. The rules will be …
