Bondholders for one of China’s biggest real estate developers extended a grace period to negotiate a delayed repayment of a ...
China Vanke made a fresh effort to muster bondholder backing for an onshore debt repayment due this week and avoid a default after the state-backed developer's initial plan was rejected, renewing ...
Hi, this is Allen Wan in Shanghai, where we seem to be watching more dark clouds form over the nation’s property market.
As home sales continue to plummet, Beijing has curbed independent reporting of real estate figures. The gag order masks a deepening property slump that continues to erode household wealth and strain ...
China Vanke Co., once the country’s biggest developer before it succumbed to an unprecedented property crisis, is heading ...
“Developers prefer low-fee contract construction work rather than developing their own idle land,” a manager at a defaulted ...
Charlene Chu, a debt-focused senior analyst at Autonomous Research, sees trouble at China Vanke as a sign that the country’s ...
Many of China’s other large developers have already defaulted, and a Vanke collapse would raise questions about how ...
China Jinmao Holdings, the property development arm of state-backed Sinochem Holdings, has sold a tourism subsidiary that ...
Four years after its biggest and most indebted property developer collapsed, China’s domestic economy is still struggling ...
One of China’s biggest state-backed developers, Vanke, is on the brink of default. The firm has amassed $52 billion in debt ...
For struggling property giants seeking any indications of a turnaround in China’s prolonged real estate crisis, “topping off” a building is cause for celebration. On the outskirts of Lanzhou, a city ...