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China's economy is unravelling at a pace previously thought unimaginable. Where does that leave Australia?

China's economy is unravelling at a pace previously thought unimaginable. Where does that leave Australia?
abc.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc.net.au Daily Mail and Mail on Sunday newspapers.

Beijing , China , Shanghai , Tokyo , Japan , Hong-kong , United-states , Taiwan , Shenzhen , Guangdong , Zhongrong , Guangxi

Beijing court accepts shadow bank Zhongzhi's bankruptcy application

Troubled Chinese shadow-banking firm Zhongzhi Enterprise Group’s bankruptcy application has been accepted by a court in Beijing, which would suggest the central government is ready to handle the fallout, according to an analyst.

Shanghai , China , Zhongzhi , Fujian , Sydney , New-south-wales , Australia , Beijing , Zhongrong , Guangxi , Chinese , Ding-haifeng

HONG KONG - A court in Beijing declared on Friday that it has accepted an application for bankruptcy liquidation by Zhongzhi Enterprise Group, the emb

Beijing , China , Zhongzhi , Fujian , Zhongrong , Guangxi , Chinese , Zhongrong-international , People-court , Reuters , Zhongzhi-enterprise-group

Massive Chinese Wealth Management Firm Files For Bankruptcy Amid Real Estate Crisis

Zhongzhi Enterprise Group declared bankruptcy after failing to pay its debts due to its heavy investment in the country's crumbling real estate market.

Zhongzhi , Fujian , China , Zhongrong , Guangxi , Chinese , Xiaoxi-zhang , Gavekal-dragonomics , Zhongzhi-enterprise-group , Zhongrong-international , Daily-caller-news-foundation , Institute-of-international

Zhongzhi, troubled Chinese shadow bank, files for bankruptcy

The downfall marks one of China’s biggest-ever bankruptcies, putting more stress on already fragile consumer and investor sentiment.

Zhongzhi , Fujian , China , Zhao-jian , Jiangsu , Beijing , Anbang , Zhejiang , Zhongrong , Guangxi , Shen-meng , Xie-zhikun

Massive Chinese wealth-management firm files for bankruptcy amid real estate crisis

Will Kessler Daily Caller News Foundation Top wealth manager Zhongzhi Enterprise Group declared bankruptcy on Friday after failing to pay its debts due to its heavy investment in the country’s struggling real estate market. Zhongrong International Trust, a subsidiary of the company, told investors in November 2023 that it had at least $31 billion more…

Zhongrong , Guangxi , China , Zhongzhi , Fujian , United-states , American , America , Chinese , Xiaoxi-zhang , Joe-biden , Gavekal-dragonomics

Troubled China shadow bank Zhongzhi files for bankruptcy

China News: Chinese shadow banking giant Zhongzhi Enterprise Group Co.

China , Zhongrong , Guangxi , Zhongzhi , Fujian , Zhao-jian , Jiangsu , Anbang , Zhejiang , Beijing , Chinese , Shen-meng

There's a big hole in China's plan to boost the economy in 2024

China’s top officials have pledged to put greater focus on economic growth next year, but the lack of measures to boost consumer demand could make it tough to deliver on that promise.

Beijing , China , Zhongrong , Guangxi , Zhongzhi , Fujian , Wang-zhao , Henan , Chinese , Zhongrong-international , Cnn

China's economy in the doldrums: The ghosts of Chinese real estate sector

In 2005, the Chinese property bubble started with a boom. Today, nearly 30% of the entire GDP of China comes from the real estate sector which is highest in the world in terms of financial volumes.

Guangzhou , Guangdong , China , Beijing , Zhongrong , Guangxi , Pakistan , India , Greenland , Wang-dan , Xizang , Aoyuan

China's real estate crisis is coming for its massive shadow banks

Moody’s surprise downgrade of China’s credit outlook this week has reinforced concerns that the crisis in the country’s real estate market is spilling over into the wider economy.

Hong-kong , Hubei , Guangdong , China , Beijing , Zhongzhi , Fujian , Zhongrong , Guangxi , Kaiyuan , Yunnan , Hangzhou