In the first five months of the year, Poly Property sold properties worth about 21 billion yuan, 37 per cent lower than it recorded in the same period of 2023. …
Country Garden sold more properties in May, becoming the second major Chinese developer to see its turnover improve after Beijing launched a historic rescue package to shore up its battered …
Ray Dalio, the billionaire founder of the world’s largest hedge fund Bridgewater Associates, said investing in China is a good idea despite the risks, because Chinese assets are cheap and …
The carmaking unit of troubled property giant China Evergrande has been asked by China’s local governments to return 1.9 billion yuan (US$267.7 million) of subsidies after the company failed to …