Kaisa Group has unveiled its long-awaited debt workout plan to avoid a showdown during next month’s liquidation court hearing in Hong Kong, the first time the Shenzhen-based developer is restructuring …
The southern seaport of Hambantota was handed to a Chinese state-owned company in 2017 on a 99-year lease for US$1.12 billion, sparking security concerns from Beijing’s regional rival India. Gunawardena …
Shimao urged its offshore creditors to “carefully consider” the restructuring plan put forward on March 25, in which it presented four options including short-term and long-term notes offering an aggregate …
Sri Lanka’s prime minister said on Wednesday that China has pledged to develop the island nation’s strategic deep seaport and the capital’s airport after talks with his counterpart in Beijing. …
Bankers at the World Economic Forum in Davos are the latest to warn that the sovereign debt of low-income countries has reached a breaking point as high interest rates, the …
Indebted Chinese developer Country Garden on Friday reported that its October sales remained near a punishing low established in September amid a collapse of buyer confidence that has pummelled the …
With chairman and founder Hui Ka-yan under “ arrest”, the future of China Evergrande – the nation’s biggest corporate debtor – is up in the air. Can the property developer …