What Evergrande’s Collapse Might Mean for the Global Economy
The long-embattled property developer was finally ordered to liquidate. What comes next will test Western companies’ appetite to keep operating in China.
Posted inBanking and Financial Institutions Bankruptcies China China Economy China Evergrande Group Economic Conditions and Trends Foreign Investments Hong Kong International Relations Real Estate (Commercial) Real Estate and Housing (Residential)
China Evergrande Must Be Liquidated, a Judge Said. What Happens Next?
The massive property developer epitomized China’s real estate frenzy, and its downfall fueled the market’s downturn.
Posted inBuilding (Construction) China China Economy China Evergrande Group Decisions and Verdicts Economic Conditions and Trends Foreign Investments Hong Kong International Relations Politics and Government Real Estate (Commercial) Real Estate and Housing (Residential) Stocks and Bonds
Real Estate Giant China Evergrande Will Be Liquidated
After multiple delays and even a few faint glimmers of hope, a Hong Kong court has sounded the death knell for what was once China’s biggest real estate firm.
Posted inBYD Co Ltd China Colleges and Universities Computers and the Internet Electric and Hybrid Vehicles Factories and Manufacturing Foreign Investments Hefei (China) Hiring and Promotion International Trade and World Market Labor and Jobs Local Government Nio Ltd Politics and Government Real Estate (Commercial) Real Estate and Housing (Residential) Small Business Supply Chain Tesla Motors Inc
What Hefei, China’s EV City, Says About the State of the Economy
Hefei has led the country in making electric vehicles and other tech products, but it still has not escaped a nationwide housing crisis.