In Xingyang, Henan province, a long-stalled project by Evergrande – the world’s most indebted real estate developer – lays bare two sharply contrasting realities.On social media,…
Once China’s biggest real estate firm, Evergrande was worth more than $50 billion at its peak but defaulted in 2021 after struggling to repay creditors (STR)…
Shares of Evergrande were suspended on Thursday, Hong Kong’s exchange announced. Seen here are residential buildings under construction at the Tao Yuan Tian Jing project, developed…
A teetering Chinese real estate developer unexpectedly struck an 11th-hour deal to pay some of what it owes to its domestic investors on Wednesday, but foreign…
Financial markets around the world had their worst day in weeks on Monday, as worries about embattled Chinese property developer Evergrande had investors worried about what…
Outside the China Evergrande Group Royal Mansion residential development under construction in Beijing, China, on Friday, Sept. 17, 2021.Gilles Sabrie | Bloomberg via Getty ImagesThe Chinese…
A man drives a cart past apartment buildings at China Evergrande Group’s Life in Venice real estate and tourism development in Qidong, Jiangsu province, China, on…
Property developer China Evergrande Group is teetering on the brink of collapse, weighed down by a giant debt load and billions of dollars in real estate it…
Evergrande’s debt crisis will slow down China’s economic growth, but will likely have minimal spillover on the country’s financial system, according to a former advisor to…