Evergrande’s liquidity crisis was just the beginning of the pain. …reports Asian Lite News Property developer Evergrande’s US bankruptcy serves as a cautionary tale about the growth-at-all-costs model that underpinned…
A sudden shift in policy by China’s leaders two years ago has left the country’s property developers scrambling for cash, compounding financial risks within the world’s second-largest economy. The filing…
It comes a day after shares in one of China’s largest developers, Shimao Group, fell 20 per cent on concerns that it was offloading assets to manage its spiralling debts….reports…
