Beijing is unlikely to rescue Evergrande’s offshore creditors because it could make things worse at home
A man walks past an Evergrande Group residential complex called Evergrande Palace in Beijing on January 29, 2024. Greg Baker/AFP/Getty…
China’s property crisis: Evergrande’s woes threaten recovery
China’s second-largest real estate developer is close to bankruptcy, leaving millions of property investors nursing heavy losses. It spells more…
Evergrande’s woes will hurt China’s recovery
China’s second-largest real estate developer is close to bankruptcy, leaving millions of property investors nursing heavy losses. Worst still, Beijing’s…
Evergrande’s whopping $81 billion loss is almost triple Iceland’s GDP – it’s a reflection of China’s deepening property crisis.
Qi Yang/Getty Images Chinese developer Evergrande just reported a massive two-year loss of $81 billion - almost triple Iceland's GDP.…