Country Garden was once China’s biggest developer but ran out of money. A lender is taking it to court in Hong Kong, a sign of continuing market distress.
Category: Foreign Investments
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Japan’s Nikkei Hits Record High, Surpassing 1989 Peak
A shift in investors’ outlook for Japan has encouraged a flurry of cash into the country’s markets.
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Japan’s Nikkei Hits Record High, Surpassing 1989 Peak
A shift in investors’ outlook for Japan has encouraged a flurry of cash into the country’s markets.
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Silicon Valley Venture Capitalists Are Breaking Up With China
Under intensifying scrutiny from U.S. lawmakers, top firms have pulled back from investing in Chinese start-ups.
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China’s Investors Are Losing Faith in Its Markets and Economy
As their losses pile up, Chinese investors are losing confidence not only in the stock market but in the government’s ability to turn the economy around.
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American Firms Invested $1 Billion in Chinese Chips, Lawmakers Find
A Congressional investigation determined that U.S. funding helped fuel the growth of a sector now viewed by Washington as a security threat.
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After China Evergrande, Real Estate Crisis ‘Has Not Touched Bottom’
The forced liquidation of China Evergrande epitomizes the sector’s struggles: Nationwide, sales are down and millions of homes have been paid for but not delivered.
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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.
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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.