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CHINA is awash with "ghost cities" where apartment blocks stand abandoned or mothballed with some 65million empty homes.The dystopian landscape of emp
CHINA is awash with "ghost cities" where apartment blocks stand abandoned or mothballed with some 65million empty homes.The dystopian landscape of emp
China Evergrande faces £221billion of debt, and one expert has claimed the company’s collapse could spark the fall of the financial system. Speaking to Express.co.uk, Dr Marco Metzler from Deutsche Marktscreening Agentur (DMSA), claimed the collapse of the Evergrande is the first domino of the eventual destruction of the world financial system. Due to the size […]
With the real estate company facing a debt of $305billion (£221billion), Evergrande is set to be removed from the Hang Seng China Enterprises Index. The index includes the top 50 eligible stocks by a measure of their value listed in mainland China and Hong Kong. Despite releasing its quarterly review, the index did not give […]