China’s Property Sector Has Bigger Problems Than Evergrande

But as Beijing struggled to contain the speculative fervor and rapidly rising prices that resulted from the property bubble, Chinese authorities eventually turned to harsher and blunter measures that are now creating punishing economic costs. And after a summer of aggressive regulatory actions against several dynamic private sector firms, financial […]

Chinese company to go bankrupt after arresting a U.S. citizen

TAIPEI: Spanning aviation, hotels, and commercial properties, HNA Group was one of the largest private entities in China before being split into four separate companies on Saturday (Sept. 20) after filing for bankruptcy. The news coincides with the evolving crisis of Evergrande, China’s largest property developer, which is tottering on the edge […]