Search For "china real estate"
China beset by severe economic problems
Updated : 3 years, 8 months ago IST
Hong Kong, September 9 (ANI): China's economy is in bad shape and could stay that way for a while. Growth has stalled, youth unemployment is at a record high, the housing market is collapsing, and companies are struggling with recurring supply chain headaches.
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Henan protest exposes China's 'biggest bank scam'
Updated : 3 years, 9 months ago IST
Beijing [China], July 30 (ANI): The recent protest in Henan by people who were denied access to their accounts exposed China's "biggest bank scam".
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Asia's richest woman lost half her wealth in China's property crunch
Updated : 3 years, 10 months ago IST
Beijing [China], July 29 (ANI): As China's property crisis escalates, Asia's wealthiest woman has seen her wealth fall to USD 11 billion from nearly USD 24 billion this year, a media report said.
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Chinese real estate firm Evergrande ousts top executives after loans come
Updated : 3 years, 10 months ago IST
Beijing [China], July 24 (ANI): China Evergrande, the embattled Chinese property developer, has ousted its CEO and chief financial officer after authorities conducted an internal investigation into why bank seized over USD 2 billion from the firm's property services arm.
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Billionaire George Soros warns against investing in China amid real estate
Updated : 4 years, 3 months ago IST
London [UK], February 1 (ANI): Hedge-fund billionaire George Soros has warned against investing in China which is witnessing a decline in the real estate boom, citing the example of Evergrande which is finding it difficult to pay its debts in the face of government policies designed to curb
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China's real estate industry body to hold meeting amid Evergrande crisis
Updated : 4 years, 7 months ago IST
Beijing [China], October 13 (ANI): As the debt crisis at Evergrande continues to spark concerns in China, the country's top real estate industry body is planning to convene a meeting on Friday to deal with issues in the housing market.
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As liabilities mount, China's top property giant Evergrande under 'tremend
Updated : 4 years, 8 months ago IST
Beijing [China], September 14 (ANI): China's top developer firm Evergrande is under immense pressure as anxious investors recently protested at its Shenzhen headquarters and demanded repayment of loans and financial products, a media report said.
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US investment firm scraps USD 3bn takeover of property giant Soho China
Updated : 4 years, 8 months ago IST
New York [US], September 12 (ANI): Amid the increasing trend of a clampdown on large business deals in China, US investment firm Blackstone Group is dropping its USD 3 billion bid for a controlling stake in property giant Soho China.
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