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Country Garden
Beijing’s ‘White Lists’ Are Certainly Not the Answer to China’s Property Crisis
The financial mess created by China’s property crisis is much bigger than anything Beijing has created to deal with it thus far.
Country Garden’s Liquidation Petition Exacerbates China’s Property Challenges: Experts
Winding up petitions are unlikely to be accepted by Chinese courts, experts say.
China Unleashes New Bonds, Monetary Expansion in Response to Growing Developer Debt Crisis
In a bid to sustain the economy, Beijing resorts to the issuance of new bonds and the printing of money.
Driver Crashes Into Chinese Consulate, Dies After Being Shot by San Francisco Police
A car rammed into the Chinese consulate in San Francisco, coming to a stop in the lobby, and ended with the police fatally shooting the driver.
China’s Country Garden Fails to Meet $60 Million Payment Deadline, Admits Default Likely
The Chinese property developer is facing default risk as it warns of difficulty to meet all of its offshore payment obligations.
China’s Economy Improved in August but Not Enough to Change the General Picture of Decline
Latest news on China’s economy shows a slight improvement but huge problems remain and will not go away any time soon.
China Cuts Key Interest Rate Amid Property Slump, Currency Risks
The People’s Bank of China (PBoC) trimmed a key interest rate and left a separate policy rate unchanged as the country grapples with a storm of economic challenges, including in the nation’s troubled property sector.
