What will happen to Evergrande in 2022? — Quartz
How China's government deals with Evergrande will reveal a lot about the future of the Chinese economy—and, by extension, the world's economy as well.
Source: qz.com
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Chinese developers' overseas spending spree dries up as Beijing tightens screws to restore order at home
Chinese developers’ overseas investments fell to US$1.9 billion this year versus a record high of US$17.5 billion in 2017, according to Real Capital Analytics.
Source: scmp.com
Could China's economy collapse? — Quartz
China's economy, amidst electricity shortages, regulatory crackdowns, and a deflating real estate sector, is at a turning point. What will it mean for China, and for the world, if the Chinese economy slows down?
Source: qz.com
Xinyuan adds to signs of China distress as debt exchange garners insufficient support before Friday's repayment deadline
Xinyuan Real Estate is pushing creditors to accept its plan to delay bond repayment by two years. Failure could lead to a debt restructuring, widening the fallout from China’s ‘three red lines’ policy.
Source: scmp.com
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Chinese property developers' ability to repay debt hits decade low
Even before China Evergrande Group's debt crisis sent the country's property sector into a tailspin, Chinese property firms were struggling to earn enough to make interest payments on their debt, data showed.
Source: reuters.com