China Evergrande Group

China Vanke Forecasts $6.2 Billion Loss, Replaces Top Executives

China Vanke, one of the country’s largest developers, cleared out its top executives and said it anticipates a $6.2 billion loss, a sign the property meltdown is still raging.

By Alexandra Stevenson

Accounting and Accountants China China Evergrande Group Economic Conditions and Trends Foreign Investments Hong Kong PricewaterhouseCoopers Real Estate (Commercial) Regulation and Deregulation of Industry

China Fines PwC $62 Million for Botching Its Work for Evergrande

The authorities also imposed a six-month suspension on the local operations of the global firm, which was once one a dominant auditing firm in China.

By Alexandra Stevenson

Banking and Financial Institutions Beijing (China) China China Economy China Evergrande Group Credit and Debt Economic Conditions and Trends Local Government Mergers, Acquisitions and Divestitures Mortgages Politics and Government Real Estate (Commercial) Real Estate and Housing (Residential)

China Has a Plan for Its Housing Crisis. Here’s Why It’s Not Enough.

A new approach by China’s top leaders is bold but pales against the problem: a vast number of empty apartments no one wants to buy.

By Alexandra Stevenson

Building (Construction) China China Evergrande Group China Securities Regulatory Commission Fines (Penalties) Frauds and Swindling Hong Kong Real Estate (Commercial) Regulation and Deregulation of Industry Securities and Commodities Violations Shenzhen (China)

China Evergrande Founder Accused of Exaggerating Revenue by $78 Billion

China’s securities regulator fined the developer’s founder, Hui Ka Yan, and banned him from participating in the country’s financial markets for life.

By Alexandra Stevenson

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