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How China’s property bubble burst

How China’s property bubble burst

China’s top real estate developers, Evergrande and Country Garden, have defaulted on their debts. But the issues in China’s property market have much deeper roots.Desperate property developers in China have resorted to gifts like new cars, free parking...
China’s Country Garden gets liquidation petition from creditor

China’s Country Garden gets liquidation petition from creditor

Aerial photo shows a Country Garden residential area in Nanjing, East China’s Jiangsu province, Feb 5, 2024. Future Publishing via Getty ImagesFuture Publishing | Future Publishing | Getty ImagesChina’s Country Garden Holdings said Wednesday it received a...