Ratings agency Moody’s cut its outlook on China’s credit rating to negative on Tuesday, saying the country faces an economic slowdown as it continues to grapple with the fallout from the collapse in …
PROPERTY
Moody’s cuts China credit outlook to negative, cites slowing economic growth, property crisis
Credit rating agency Moody’s has downgraded its outlook for Chinese sovereign bonds to negative, citing risks from a slowing economy and a crisis in its property sector …
Moody’s cuts China credit outlook, citing lower growth, property risks
Ratings agency Moody’s on Tuesday cut its outlook on China’s government credit ratings to negative from stable, citing lower medium-term economic growth and risks from a major correction in the …
Moody’s cuts China credit outlook to negative, cites lower growth, property risks
Ratings agency Moody’s on Tuesday cut its outlook on China’s government credit ratings to negative from stable, citing lower medium-term economic growth and risks from a major correction in the country’s vast property sector.
China Evergrande’s Crash Was Accelerated by Questionable Accounting
Blame for the property developer’s downfall has been placed on Chinese lending policies, but poor corporate oversight was hiding in plain sight. By Alexandra Stevenson Alexandra Stevenson, who traveled in China to cover the last…
China Evergrande Avoids a Debt Disaster—for Now
The company was given until late January 2024 to reach a debt restructuring deal after Hong Kong’s High Court postponed a hearing that could have pushed Evergrande into liquidation.
China Evergrande Avoids Liquidation With Yet Another Last Chance
With total liabilities of $327 billion, Evergrande has come to embody the liquidity crisis that has spread across the country’s vast real estate industry, which accounts for 25% of China’s GDP. Since …
Give us our flats! The angry victims of China’s property crisis
I feel the property rights and livelihood rights of the homeowners … They are in good company: a group of dissident netizens began collecting data on boycotts across China in June 2022, revealing …
Global debt crisis goes well beyond China’s property sector woes
The crisis in China’s property sector has been in the spotlight in the past year, but the rise in global debt levels should not escape the world’s attention Investors and analysts have been more …
China’s real estate slump shatters myth of ever-rising prices
The long slump in the industry, which accounts for about 30% of China’s gross domestic product, is casting a long shadow over the economy and society as a whole and looks set to continue.
China’s infernal internal affairs hypocrisy
The reality is China has a rapacious appetite for interfering in the internal affairs of other nations. It does so by stealing hundreds of billions of dollars worth of other nations’ intellectual …
Executives Keep Disappearing in China’s Slow-Motion Real Estate Meltdown
The bubble really burst two years ago, when real estate developer Evergrande declared insolvency, setting off a chain reaction of defaults and business losses that have dragged down the Chinese …
China new home prices inch up for third month in November – survey
China’s new home prices rose slightly for a third straight month in November, a private survey showed on Friday, as the crisis-hit property sector struggles to stabilise despite a slew of government …
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