The author makes discussion on the influence of financial crisis on Chinese real estate businesses and the overall performance of them in undertaking social responsibility. As a conclusion, the author proposes her own views on corporate social responsibility.LIU Yan...
Anti-Asian racism reaches ‘crisis point’ in Canada, advocates … Xinjiang regional govt condemns, refutes lie-based EU sanctions The Xinjiang regional government on Tuesday condemned the EU sanctions, calling the lie-based sanctions using the excuse of ...
of which 7.247 billion yuan worth of work had been completed. However, nearly 2.35 billion yuan remained unpaid. The situation has been exacerbated by insufficient cash flow from other real estate projects, with an average recovery rate of just 57%. ...
This latest financial blow comes as Greenland struggles under a debt burden of 930 billion yuan. Amid this crisis, three state-owned construction enterprises associated with Greenland — Xi'an Construction Engineering, Guangxi Construction Engineering, and Tianjin Construction Engineering — have already ...
2 By contrast, the value of M&A investments declined again in 2023, by 58 percent, to only EUR1.48 billion—their lowest value since the global financial crisis in 2009. This was the result of fewer acquisitions overall, smaller average deal size and the absence of billion-euro M&A deals. ...
2023-06-25 #15 Urban, Romance, Drama Zhang Yuqi,Vengo Gao Two years after the death of founder Wang Jianming, Ansheng Group was in a business crisis. The eldest son of the Wang family, Wang Ju’an, and his aunt Wang Yanan, who was the chairman of the group, started a battle for ...
But if we concur that there is a crisis element to the premium, then its lofty valuation alone tells us things must not be going so well on the Chinese front.China’s entire real estate sector, which accounts for nearly 30% of the nation’s GDP, is in free-fall. Again. Rumblings ...
Chinese Police Detain Staff of Evergrande Unit as Property Crisis Enters New Phase September 18, 2023 Authorities detained some staff of the money management business of China Evergrande Group, a sign that the saga around the defaulted developer at the heart of the nation’s property crisis has ...
All argue that Ant Group should be required to follow the Basel Accords, the bank rules created in the wake of the 2008 crisis. Some were rumored to be written by China's top echelon of financial regulators. The people rumored to be behind the articles include Zhou Xiaochuan, the longest-...
As consumption picked up after the pandemic, various sectors of Wanda showed signs of rebound. Amid the real estate crisis since 2021, Wanda's name has not appeared in the list of defaulting real estate enterprises. However, the listing pressure of Zhuhai Wanda Commercial Management Group has on...