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

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

Published: September 29, 2023

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.

Source: cnn.com
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China's property downturn deepens - Vimarsana News

China's property downturn deepens

Published: August 3, 2022

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

Source: moneyweek.com
Related Topics:
Tyran KamNicholas SpiroEvelyn ChengJacky WongFitch RatingsSouth China Morning PostWall StreetSouth China Morning