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China probes Pricewaterhouse Coopers' role in $78-B Evergrande fraud case

China probes Pricewaterhouse Coopers' role in $78-B Evergrande fraud case
businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.

Beijing , China , Guangzhou , Guangdong , Huarong , Guizhou , Hong-kong , United-kingdom , Australia , Chinese , Tyran-kam , Tom-kirchmaier

Evergrande's chairman has been detained. The company will struggle to survive

After defaulting on its debt two years ago, Chinese real estate developer Evergrande was meant to be restructured and allowed to get back on its feet. But that plan now looks to be in peril, after police detained its chairman as well as staff at a financing subsidiary.

United-states , Anbang , Zhejiang , China , Shenzhen , Guangdong , Hong-kong , Chinese , Tyran-kam , Hui-ka-yan , George-magnus , Xu-jiayin

China's property downturn deepens

Chinese house prices have fallen for ten months in a row, made worse by a residential “mortgage strike”.

Beijing , China , Chinese , Tyran-kam , Nicholas-spiro , Evelyn-cheng , Jacky-wong , Fitch-ratings , South-china-morning-post , Wall-street , South-china-morning ,