The firm’s insolvent subsidiary, Millennium Golden Jiachen Hotel Holdings, owes C$58 million (US$41 million) to creditors, ...
China's real estate crunch represents a much broader problem for the country than the fall of Evergrande Group and the question of creditor repayment. Recovery depends on Chinese leader Xi Jinping's ...
China’s property crisis is expected to worsen as new home sales plummet and indebted developers struggle to find funds to complete projects. WSJ’s Jonathan Cheng traveled to an abandoned “ghost town” ...
As millions of businesses cop the heat of the US tariff war, Chinese manufacturers are pushing back against the gratuitous world of consumerism from which Western brands benefit greatly. Chinese ...
PHOENIX – A Utah-based real estate investment firm recently bought a Sedona resort, according to a Wednesday announcement. Dynamic City Capital recently purchased The Wilde Resort and Spa, a 4-star ...
Since the COVID-19 pandemic, China has been reeling from the worsening real estate crisis, which has spilled over to the nation's banking sector. The crisis began with Chinese real estate developer ...
When New York hedge-fund manager Parker Quillen visited a glitzy new development in northern China called Tianjin Goldin Metropolitan, he wondered how on earth the developer would fill all that space.
There's "no chance" China's property sector rebounds, a researcher from the Eurasia Group told Bloomberg. China's real estate sector was once 25% to 30% of the country's GDP, and "there's not really ...
Chinese government debt rose by over 13 percent last year, making it almost three times the size of the country's gross domestic product. The steady increase in government borrowing comes at a ...
HONG KONG — A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to ...
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — Moody’s surprise downgrade ...
Lifestyle Asia on MSN
The traveler's guide to Shenzhen's round-the-clock relaxation
You've heard enough about it and now you want to treat yourself to one, but you're unsure of where to go. We're talking about ...
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