A key decision by Chinese authorities in recent weeks was the official declaration of bankruptcy for Evergrande ... China allocated $610 billion (4 trillion yuan) towards investments. "Ghost ...
Once one of the country’s biggest growth drivers, China’s property market has been in a downward spiral for five years with ...
China still has a startling number of vacant real-estate developments, judging from new satellite analysis by DigitalGlobe and Business Insider. Chinese ghost cities have made headlines for nearly ...
HONG KONG--Cash-strapped China Evergrande said on Wednesday it plans to sell a 9.99 billion yuan ($1.5 billion) stake it owns in Shengjing Bank Co. Ltd. to a state-owned asset management company ...