As a growing number of overseas Chinese students run into financial difficulties due to the declining wealth of their families, many go online to express their grief and seek advice …
A newly built property is seen from the air in Hangzhou city, Zhejiang province, China, Dec. 15, 2023. Chinese cities have promised subsidies and other incentives to prop up the …
PricewaterhouseCoopers (PwC) has refuted a letter alleging that its partners were involved in auditing fraud tied to bankrupt Chinese developer China Evergrande Group and said it has taken measures to …
Chinese regulators are pushing banks to speed up approvals of new loans to cash-starved private property developers, people with knowledge of the matter said, a bid to revive homebuyer sentiment …
Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a rare move by a foreign firm that comes amid rising …
China Evergrande Center sign seen on the front of their building. A second mansion in Hong Kong that once belonged to China Evergrande Group’s chairman has been put up for sale …
A man walks past the People’s Bank of China (PBOC) building on Dec. 25, 2023 in Beijing, China. China’s central bank left a key policy rate unchanged as expected on Sunday …
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 …