The situation concerning the heavily indebted Chinese real estate giant Evergrande has weighed on markets around the world this week. The company missed Thursday’s interest payment of $83.5 million …
Tagged By property
Goldman cuts China GDP growth forecast on energy supply crunch
Goldman Sachs has cut China’s economic growth forecast for 2021 to 7.8per cent, from 8.2per cent, as energy shortages and deep industrial output cuts add “significant downside pressures”, it said in a …
Why China is making an example out of property giant Evergrande with the country having so many empty apartment blocks they’re being BLOWN UP – here’s what the crisis means for …
China has enough empty apartments to house 90million people. Hong Kong-based researcher Logan Wright said that explained the Evergrande crackdown. Australians with shares are in danger.
Sunac Leads Rebound in Chinese Property Stocks
The real-estate developer played down a leaked request for government help, and the country’s central bank said it wants healthy development of the property market.
Moody’s Analytics: China’s property market too big to fail
Moody’s Analytics expects China to make every effort to avoid a hard landing as it seeks to tame the housing market while financing pressure on developers has mounted.
Evergrande risks rub up against China’s attempts to rein in property sector
Metrics introduced to cap debt ratios show Beijing’s aim of restructuring the market, but Evergrande’s staggering debts may force the government to shore up the sector.
Evergrande fuels concerns over China’s housing bubble
A state crackdown on China’s colossal property market has helped send one of its biggest developers to the brink of collapse, and analysts warn the fallout could lead to the bursting of a bubble that…
China has a new legal weapon in mission to steal intellectual property
China has weaponized a new legal mechanism in its war of conquest against foreign intellectual property and technology.
Exclusive: China Evergrande’s wealth management arm faces local government inquiry
The Shenzhen government is investigating a unit of Chinese developer Evergrande, the city’s financial regulator told investors on Monday, in the first sign of an official inquiry into the wealth …
Property giant’s looming collapse threatens to destroy China’s growth model
As the crisis facing the world’s most indebted real estate company rages on, many experts have remained cautiously optimistic that the nightmare was under control.
China steps up funding oversight of Evergrande property projects: Report
BEIJING: Several local governments in China have set up special custodian accounts for property projects of its most indebted developer, Evergrande, to protect funds earmarked for housing projects …
China Wields New Legal Weapon to Fight Claims of Intellectual Property Theft
In four major cases since 2020, Chinese courts granted so-called anti-suit injunctions blocking foreign companies from taking legal action anywhere in the world to protect their trade secrets.
How fall of property giant Evergrande sent a shockwave through China
All eyes are on Xi Jinping as expectation grows that the government will have to intervene to protect small creditors …