China Evergrande Soared on the Property Boom. Here’s Why It Crashed. Blame for the property developer’s downfall has been placed on Chinese lending policies, but poor corporate oversight was hiding in plain sight.
China Evergrande Gets Reprieve in Talks With Foreign Investors A Hong Kong judge postponed deciding whether to force a liquidation of the property developer, which defaulted in 2021 on hundreds of billions of dollars in debt.
China Evergrande May Finally Meet Its End in Hong Kong Court A Hong Kong judge could set in motion the liquidation of the property developer, which was once considered one of China’s most successful companies.
China Wants to Bulldoze ‘Urban Villages’ to Revive the Economy The halting revitalization of one “urban village” in Shenzhen shows the challenges of fixing a national property crisis after years of overborrowing.
China Bet It All on Real Estate. Now Its Economy Is Paying the Price. After relying on a borrow-to-build model for decades, Beijing must make difficult choices about the country’s housing market and economic future.