Articole publicate de By Daisuke Wakabayashi

Country Garden, Facing Debt Deadline, Says Executives Have Not Left China

The company, one of China’s biggest property developers, took the unusual step of stating that the company’s founder and its chairwoman were “working normally.”

Published by By Daisuke Wakabayashi in Business

Country Garden, Facing Debt Deadline, Says Executives Have Not Left China
Business

Country Garden, Facing Debt Deadline, Says Executives Have Not Left China

Joi, 19 Octombrie 2023 @ 07:10:32

The company, one of China’s biggest property developers, took the unusual step of stating that the company’s founder and its chairwoman were “working normally.”

publicat de By Daisuke Wakabayashi
Business

China Got a Big Contract. Nepal Got Debt and a Pricey Airport.

Luni, 16 Octombrie 2023 @ 07:01:43

China called the project a “signature” of its cooperation with Nepal. Insiders and documents reveal the pitfalls of China’s infrastructure-at-any-cost model.

publicat de By Daisuke Wakabayashi
Business

Country Garden Caves to Debts as China’s Real Estate Crisis Worsens

Marți, 10 Octombrie 2023 @ 07:09:22

The property giant was unable to repay a loan and signaled it would default on its debt, becoming one of the biggest casualties of China’s deepening property crisis.

publicat de By Daisuke Wakabayashi
Business

Why Evergrande’s Problems Are Only Getting Worse

Sâmbătă, 30 Septembrie 2023 @ 07:26:20

The Chinese property developer’s efforts to restructure more than $300 billion in debt are being complicated by criminal investigations into current and former executives.

publicat de By Daisuke Wakabayashi
Business

Real Estate Crisis Triggers New Alarms Over China’s Shadow Banks

Vineri, 22 Septembrie 2023 @ 07:00:34

A financially troubled firm has stopped paying investors, risking panic and testing the Chinese government’s resolve to take on debts from its property crisis.

publicat de By Daisuke Wakabayashi