Tag: kasia

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Shimao Group Adds to China’s Property Sector Crisis
In recent months, China’s real estate sector has been reeling under a debt crisis as developers struggle to meet their financial obligations. With real estate firms like Evergrande and Kaisa already having defaulted earlier in...
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Evergrande Fails to Make Overdue Coupon Payments for Bondholders
Chinese real-estate developer Evergrande failed to provide coupon payments to offshore bondholders after a 30-day grace period concluded on Tuesday, Dec. 7, according to several people with knowledge of the issue. With millions of dollars...