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 default...
Economists say a financial crisis is unlikely but debt could drag on economic growth by diverting money from consumption and investment. Evergrande's struggle has prompted warnings abroad that a broader financial squeeze on real estate — an industry that propelled China's explosive 1998-2008...
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 default...
IS CHINESE CONSUMPTION FACING A CRISIS? There have been concerns over China's consumption momentum this year. However, the country, while indeed facing insufficient domestic demand, remains one of the world's largest consumer markets and still boasts enormous potential. ...
Wei Qing, the president of the Yunma Group, and Zhou Shi, an art graduate, broke up because of a crisis of trust between them. Two years later, Zhou Shi returned to Wei Qing’s world but was very different from the past. In order to regain Zhou Shi, Wei Qing thought of all the ...
In China, however, a near freezing of the IPO market this year and declining sources of capital in an economy hobbled by a property crisis and struggling for growth has given rise to reimbursement requests, threatening many startups' existence, executives said...
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...
(TLAC) in offshore markets to meet the country’s target, according to the PBOC's deputy governor. Domestic banks whose systematic risk profile is deemed to be of such importance that their failure would trigger a broader financial crisis should establish and improve TLAC’s internal management ...
ASEAN faces emissions crisis as fossil fuels dominate power growth View more videos Your e-mail address Join the community Thought Leadership Centre EthosEnergy dives into industry-changing life-extension solutions What future-proofing looks like for the energy market In Association with Most...
In 2022 we were describing China’s property crash as “a slow-motion financial crisis”. In retrospect it wasn’t all that slow-motion. The chart below is from Barclays’ 2024 Credit Outlook: Markit iBoxx USD Asia ex-Japan China Real Estate High Yield TRI — HY© Bloomberg, Barclays R...