Tag: real estate industry
Country Garden: Chinese property developer faces collapse amid record $11 billion first-half loss
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China’s biggest property developer is on the brink of ruin af [...]
China’s desperate move to boost economy by cutting tax on trading backfires
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China is rolling out panicked measures in a desperate bid to [...]
China Evergrande Group shares plunge 87 per cent after reporting $7 billion loss
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The world’s most indebted property developer is in the midst [...]
Country Garden collapse sparks contagion fears as China economy tanks
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China’s economy is tanking. Investors are running scared. Con [...]
Chinese economy in trouble amid construction, real estate industry disaster
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In 2007, Premier Wen Jiabao cautioned that “the biggest probl [...]
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