Today: 5. Nov, 2024
In the dynamic landscape of China’s real estate market, Country Garden, a prominent Chinese property developer, stands at a critical juncture. Recently, Bloomberg News reported a potential turning point for the embattled company: it may avert a default on its yuan-denominated bonds.…
Two leading property developers in China are encountering grave financial challenges, raising concerns over potential ripple effects on the broader Chinese economy. Evergrande, a notable representative of China’s real estate struggles, recently sought Chapter 15 bankruptcy protection in New York. This move…
