Tag: China real estate collapse
Evergrande Founder Xu Jiayin Faces Trial as Case Unveils Debt Flows, Political Ties
New developments in the case against Evergrande founder Xu Jiayin have drawn renewed attention to the...
China Property Giant Vanke Faces Scrutiny as Ex-Chairman Disappears From View
As China’s real estate downturn deepens and debt risks continue to mount, Vanke, one of the country’s...
Shenzhen in Meltdown: Housing Market Collapses, Homeowners in Tears, Middle Class Falls Back Into Poverty
“Family, Shenzhen’s housing prices have crashed so hard it’s almost ironic. Years ago, everyone dreamed...
Shenzhen Metro Reports US$4.6 Billion Loss in One Year as Shanghai Metro Cuts Veteran Staff
“The Shenzhen Metro has revealed massive losses. With so many security staff, is it really necessary...