China has unveiled a series of initiatives to revitalise its struggling property market following the sharpest decline in house prices in a decade.
China’s real estate turmoil intensifies with a sharp decline in housing sales.
The severity of China’s property crisis escalated last month, marked by a significant drop in housing sales and a reduction in new construction projects.
China’s biggest real estate company faces a petition for liquidation.
The largest private real estate developer in China is facing a liquidation petition in a Hong Kong court, marking a further escalation in the country’s real estate crisis, which is
The crisis in China’s property sector intensifies as Moody’s pulls back its credit ratings.
The property sector crisis in China intensified as Moody’s unexpectedly withdrew credit ratings from several prominent companies.
Evergrande Set for Liquidation Amid Escalating Crisis in China’s Real Estate Sector
Today, a Hong Kong court mandated the liquidation of Evergrande, a major Chinese real estate firm, signalling a significant escalation in China’s ongoing economic challenges.