The Chinese property developer’s efforts to restructure more than $300 billion in debt are being complicated by criminal investigations into current and former executives.
Tag: China
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How China’s Property Crisis Is Testing Its Too-Big-to-Fail Banks
Banks hold enormous amounts of real estate debt, and regulators are nervous. But a fast-moving crisis is unlikely because the government has extensive control of the system.
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China Uses ‘Deceptive’ Methods to Sow Disinformation, U.S. Says
The accusations reflect worry in Washington that China’s information operations pose a growing security challenge to the United States.
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China Evergrande Suspends Trading as New Trouble Roils Property Market
The real estate firm halted critical work to settle its debts and investors dumped their stock amid news executives were under suspicion by the authorities.
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Chinese Hackers Stole 60,000 State Dept. Emails in Breach Reported in July
The disclosure by department officials to Senate staff members revealed the scope of the hack of government email accounts managed through Microsoft.