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Evergrande’s EV Arm Chased to Repay Subsidies in Latest Blow
Bloomberg· 2 days agoThe electric vehicle unit of embattled real estate developer China Evergrande Group is being pursued...
China's local govt bodies ask Evergrande EV unit to return $262.4 million subsidies By Reuters
Investing.com· 2 days agoThe local bodies sent a letter of demand for Evergrande Automotive Holdings to terminate a series of...
China Evergrande’s EV unit told to repay US$268 million of government subsidies
South China Morning Post· 2 days agoThe troubles at China Evergrande have worsened since it was ordered by a Hong Kong court to...
Evergrande’s EV arm, in new setback, pressed to repay subsidies
Automotive News· 1 day agoThe move is the latest blow for Evergrande NEV, which once held grandiose plans to take on Tesla as the world’s biggest EV maker, but instead was caught up in the implosion ...
Evergrande Founder’s Seized HK Mansion Sells at Discount
Bloomberg· 4 days agoChina Evergrande Group Chairman Hui Ka Yan’s former mansion in Hong Kong was sold at a significant discount, according to a person familiar with the matter.
Is China the Top Country Wealthy People Choose to Live In?
Insider Monkey via Yahoo Finance· 1 day agoWe recently analyzed the distribution of wealth across the globe in a comprehensive report on the...
Seized Hong Kong Peak home linked to Evergrande founder sells at 40% discount
South China Morning Post· 3 days agoIt is owned by Better Vision, whose director is Tan Haijun, according to a company registration...
Is China's economy facing its own "lost decades"?
Newsweek· 10 hours agoThis has prompted many economists to draw parallels between the world's second-largest economy and the former holder of that title, Japan, just before it...
China Has a Plan for Its Housing Crisis. Here’s Why It’s Not Enough.
New York Times· 14 hours agoA new approach by China’s top leaders is bold but pales against the problem: a vast number of empty...
Oaktree’s Inter Milan takeover deals final blow to Zhang’s Suning business empire
South China Morning Post· 1 day agoZhang was borrowing heavily to fuel Suning’s expansion, making him vulnerable when China’s growth...