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August 14, 2023
BEIJING, Aug 14 — Concerns are mounting in China around Country Garden, a major property developer whose colossal debt raises fear of a bankruptcy that could spell wider economic...
August 14, 2023
Country Garden, one of China’s top property developers, suspended trading in 11 of its onshore bonds on Monday, adding to speculation the company may be preparing to restructure its debt as it struggles to raise enough cash in time to avoid default.
August 14, 2023
Major real estate and financial firms are experiencing liquidity crises in China, worrying investors about the country's worsening economy.
August 11, 2023
Producing prices, giving more clues to what the direction in which inflation is going to end. those numbers are more timely available and that is what the bank of england will likely focus on.— will likely focus on. thank you so much. to asia now — and one of chinas biggest property developers — country garden group — has warned it faces losses of up to $7.6 billion for the first half of this year. its the latest sign of the serious problems facing the worlds number—2 economy. katie si...
August 11, 2023
Suspect. from it and link it to a suspect-— from it and link it to a susect. .. _, ., suspect. three can cover a huge amount of— suspect. three can cover a huge amount of ground _ suspect. three can cover a huge amount of ground quickly, - suspect. three can cover a huge| amount of ground quickly, much quicker— amount of ground quickly, much quicker than you or i could. and — quicker than you or i could. and it — quicker than you or i could. and it means fizz is unlikely to have much t...
August 9, 2023
Recession. do you agree with that assessment?— recession. do you agree with that assessment? the signs are anonymous. _ that assessment? the signs are anonymous, certainly _ that assessment? the signs are anonymous, certainly right - that assessment? the signs are anonymous, certainly right now| anonymous, certainly right now demand is slowing very fast, we see very little investment by the private sector, even official investment by state owned enterprises this morning. debt levels are high, ...
August 9, 2023
Urban construction projects built without obeying land use planning are causing a serious waste of resources and worsening the investment environment.
August 9, 2023
Just released its latest inflation figures and it came inflation figures and it came in at minus zero this is the first time that inflation has fallen since the start of 2021, that was of course in the middle of the pandemic. earlier, ive spoke to professor prasad, the former chief at the international monetary fund china division and he explained of china could be facing a similar situation thatjapan saw back be facing a similar situation that japan saw back in the 19905. , , ., ., ., , 19905. ...
August 8, 2023
Slowin: with the assessment? demand is slowing very _ with the assessment? demand is slowing very fast, _ with the assessment? demand is slowing very fast, we _ with the assessment? demand is slowing very fast, we have - with the assessment? demand is slowing very fast, we have seen l slowing very fast, we have seen very little investment by the private sector, even official investment by democrat is falling. corporate debt has been coming down for some extent but certainly the real estate secto...
August 7, 2023
President Xi Jinping famously said "Houses are for living in and not for speculation" in October 2017, which kicked off measures to cool a red-hot property market.