HONG KONG — A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to ...
China's real estate crunch represents a much broader problem for the country than the fall of Evergrande Group and the question of creditor repayment. Recovery depends on Chinese leader Xi Jinping's ...
Are China’s real estate problems different? When we published our paper “Peak China Housing” (based on pre-COVID data) in 2020, our thesis—that China was facing a difficult transition from real-estate ...
Go to college, find a job, buy a house, get married: For decades, homeownership has been seen as an essential part of life in China. Based on that long-standing truth, analysts are forecasting ...
The collapse of Chinese real estate giant Evergrande is being called, by some, China's "Lehman Moment." It's a massive reality check for a country that has transformed itself over the decades with ...
China is tapping the brakes on property prices and cutting the availability of mortgage loans to spur households to spend instead of repaying debt, as policymakers try to ignite private consumption ...
China will expand its "whitelist" of real estate projects and speed up bank lending for these unfinished developments to 4 trillion yuan ($561.8 billion) by the end of the year, the country's housing ...
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China's banking sector is in free-fall, according to market veteran Kyle Bass. The Hayman Capital CIO estimated China could see at least $4 trillion in real estate losses. An unchecked boom in real ...
When New York hedge-fund manager Parker Quillen visited a glitzy new development in northern China called Tianjin Goldin Metropolitan, he wondered how on earth the developer would fill all that space.