SHANGHAI: China stocks fell on Tuesday, tracking regional markets lower, as worries over the country’s deepening property crisis and soft domestic demand offset signs of improvement in factory output. ( read original story ...)
Evergrande: China property giant and its founder accused of $78bn fraud
Struggling Chinese property giant Evergrande and its founder, Hui Ka Yan, have been accused of inflating revenues by $78bn (£61.6bn) in the two years before the firm defaulted on its debt. The country ... ( read original story ...)
Home Truths: China’s property market looks set to crash — and that means dire consequences for Ireland and the rest of the world
Let’s go back in time to March 2007. This is the month when the first news article appeared which offered proof that Irish property prices were falling. ( read original story ...)
China props up state-owned developer Vanke as property crisis deepens
China has asked 12 banks to provide financing to the beleaguered state-owned real estate firm, Vanke Group, just days after the housing and urban-rural development ministry vowed to let insolvent ... ( read original story ...)
Why China’s property crisis could get more severe
The logo of property developer China Vanke is seen on gates at a construction site in Shanghai, China, March 21, 2017. (Photo/Reuters) Vanke, traditionally viewed as a stable entity, has encountered ... ( read original story ...)
Latest on China Property Crisis: Debt Woes Deepen at Country Garden
Country Garden missed a local bond payment—the latest difficulty for a giant once seen as among China's strongest property developers, but which has been pushed to the brink by the country's ... ( read original story ...)
China stocks fall as Country Garden drags property developers lower
SHANGHAI: China stocks fell on Wednesday, dragged by property developers as Country Garden missed a coupon payment amid some profit-taking after no policy surprise from the annual parliament meeting, ... ( read original story ...)