Evergrande Debt Crisis

Amid slump in China, India property investors may be turning to IndiaAmid slump in China, India property investors may be turning to India

Amid slump in China, India property investors may be turning to India

Last week, the Chinese government released data which showed that new home prices fell at their fastest rate in over…

2 years ago
Prices of new homes crash in China amid buyers refusing to pay mortgagePrices of new homes crash in China amid buyers refusing to pay mortgage

Prices of new homes crash in China amid buyers refusing to pay mortgage

<p> <strong>China’s once booming real estate sector and a pillar of economic growth is rapidly losing its sheen with prices…

3 years ago
China’s trims growth target to 5.5% amid rising geopolitical tensionsChina’s trims growth target to 5.5% amid rising geopolitical tensions

China’s trims growth target to 5.5% amid rising geopolitical tensions

<p> <strong>China has set a growth target of 5.5 per cent for the current year amid rising geopolitical uncertainties and…

3 years ago
China’s economic challenges rise but will that lead to the beginning of a collapse?China’s economic challenges rise but will that lead to the beginning of a collapse?

China’s economic challenges rise but will that lead to the beginning of a collapse?

<p> <strong>For China, this year will be a crucial test unlike the beginning of 2021, when the country was almost…

3 years ago
China’s real estate sector set for big shakeup with State Owned Enterprises now in pole positionChina’s real estate sector set for big shakeup with State Owned Enterprises now in pole position

China’s real estate sector set for big shakeup with State Owned Enterprises now in pole position

<p> <strong>Mergers and acquisitions (M&A) in China’s troubled real estate sector could gain momentum in the next few months. </strong><strong>Beijing has…

3 years ago
Will China’s real estate collapse trigger a financial meltdown like the 2008-09 US subprime crisis?Will China’s real estate collapse trigger a financial meltdown like the 2008-09 US subprime crisis?

Will China’s real estate collapse trigger a financial meltdown like the 2008-09 US subprime crisis?

<p> <strong>Chinese real estate giant Evergrande Group, which was once part of the prestigious Fortune 500, has been officially declared…

3 years ago
China’s falling manufacturing output in October signals deeper economic crisisChina’s falling manufacturing output in October signals deeper economic crisis

China’s falling manufacturing output in October signals deeper economic crisis

<p> China’s factory output further contracted in October mainly due to stricter environmental norms, acute power shortage and an increase…

3 years ago
Evergrande boss Xu Jiayin’s journey–a fascinating rags to riches storyEvergrande boss Xu Jiayin’s journey–a fascinating rags to riches story

Evergrande boss Xu Jiayin’s journey–a fascinating rags to riches story

<p> The journey of Xu Jiayin or Hui Ka Ya, the promoter of beleaguered Evergrande Group in China is nothing…

3 years ago
Will China throw a lifeline at real estate icon Evergrande to prevent a larger collapse?Will China throw a lifeline at real estate icon Evergrande to prevent a larger collapse?

Will China throw a lifeline at real estate icon Evergrande to prevent a larger collapse?

<p> Even as anxiety among global investors rises with the mammoth default of Chinese real estate major Evergrande Group, Beijing…

4 years ago
After Evergrande, China’s Fantasia Holdings too misses payment deadlineAfter Evergrande, China’s Fantasia Holdings too misses payment deadline

After Evergrande, China’s Fantasia Holdings too misses payment deadline

<p> Within days of China’s real estate behemoth Evergrande Group hitting headlines for default on payments, another property major in…

4 years ago
Desperate China now bans sharing of bad news which can keep foreign investors awayDesperate China now bans sharing of bad news which can keep foreign investors away

Desperate China now bans sharing of bad news which can keep foreign investors away

<p> In another drastic step, which many see as a measure to choke dissemination of data, the Chinese authorities published…

4 years ago
Why International Investors Are Moving Away From Investing In ChinaWhy International Investors Are Moving Away From Investing In China

Why International Investors Are Moving Away From Investing In China

<p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/NLAgs67pLqs" title="YouTube video player" width="560"></iframe></p> <p> China which claims…

4 years ago
Can China arrest Evergrande blowback with social media curbs and pumping in cash?Can China arrest Evergrande blowback with social media curbs and pumping in cash?

Can China arrest Evergrande blowback with social media curbs and pumping in cash?

<p> As China’s cash strapped real estate major Evergrande Group managed to pay the first 10 per cent instalment of…

4 years ago
Power shortages return to China amid bad weather, surging demandPower shortages return to China amid bad weather, surging demand

Power shortages return to China amid bad weather, surging demand

<p> Extensive power cuts in China have led to a dent in the economic activities. Several factories have had to…

4 years ago
Can China’s debt ridden local govts rescue the falling real estate giant, Evergrande?Can China’s debt ridden local govts rescue the falling real estate giant, Evergrande?

Can China’s debt ridden local govts rescue the falling real estate giant, Evergrande?

<p> As the troubled Chinese real estate behemoth Evergrande Group missed its deadline to make the first tranche of interest…

4 years ago