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China’s state is eating the private property market
The Economist· 2 weeks agoThe firm had at first partnered with Sunac, a private developer, until it defaulted in 2022. More than three years into China’s property
China says economy 'stable,' rejects Fitch Ratings downgrade of its fiscal outlook
Associated Press via Yahoo Finance· 2 weeks agoChina’s Finance Ministry denounced a report by Fitch Ratings that kept its sovereign debt rated at...
Ping An Trust delays repayment, citing China property market woes
Reuters via Yahoo Finance· 2 weeks agoBEIJING (Reuters) -A subsidiary of China's Ping An Insurance failed to repay a roughly $107 million...
China Vanke says it has plans in place amid short-term liquidity pressure By Reuters
Investing.com· 1 week agoHONG KONG (Reuters) -State-backed property developer China Vanke said it is facing short-term...
China's drugmakers can't sell mRNA shots but haven't quit yet
Reuters via AOL· 5 days agoChina's vaccine developers stuck with unused mRNA COVID shots and idle manufacturing plants are...
Property Developer Times China Receives Winding-Up Petition in Hong Kong
Bloomberg· 1 week agoHave a confidential tip for our reporters? A Hong Kong bank has filed a request for a court to...
China Vanke shares, bonds fall after rating cut and government probe
Reuters· 2 weeks agoChina Vanke's shares and dollar bonds dropped on Thursday after S&P stripped its investment-grade...
China Vanke Downgraded to 'Junk' as Property Woes Worsen
The Wall Street Journal· 2 weeks agoChina’s real-estate slump shows no signs of abating—and the pain is spreading. Property developer ...
China Vanke seeks to offload stake in logistics operator GLP, Bloomberg reports
WSAU Wausau· 7 days ago(Reuters) - China Vanke is seeking to sell its entire stake in logistics firm GLP, Bloomberg News...
Chinese Developer Sinks After HSBC Subsidiary Files Liquidation Petition
The Wall Street Journal· 1 week agoA subsidiary of HSBC wants to liquidate debt-troubled Times China, in another instance of creditors...