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 …
NANJING, CHINA – AUGUST 18, 2023 – Aerial photo shows a residential area of Evergrande in Nanjing, East China’s Jiangsu province, Aug 18, 2023. (Photo by Costfoto/NurPhoto via Getty Images) …
Norway is making more money from oil and gas exports than ever. Ole Berg-rusten | Afp | Getty Images This report is from today’s CNBC Daily Open, our new, international …
People pass by the Country Garden Community in Fuyang, China on Sept. 3, 2023. Future Publishing | Future Publishing | Getty Images Country Garden has won approval from its creditors to extend …