Tag: China Evergrande
Lots of bad news: Things are looking bleak for China’s economy
Lots of bad news Things are looking bleak for China’s economy By Jan Ganger 06/15/2023, 6:30 p.m China is weakening. Exports collapse, youth unemployment shoots to record levels. The country…
Inflation, financial crash, war: the perfect storm is brewing in China
Inflation, financial crash, war The perfect storm is brewing in China By Hannes Vogel 2/4/2023, 2:15 p.m For decades, the Middle Kingdom was the locomotive of the world economy and…
Economy is trapped: China’s fat years are over
economy is trapped China’s fat years are over By Max Borowski 01/18/2023, 5:50 p.m The Chinese economy is growing at its slowest pace in decades. This is less an expression…
Envy of the price reduction ?: Tesla bargains annoy the Chinese
Jealousy about the discount? Tesla bargain angers Chinese 1/9/2023 12:41 p.m Tesla wants to boost demand in the Asian market with discounts on several fronts. The new offers in China…
“Sorry, I’m Unemployed”: The Many Problems of Xi Jinping
Xi Jinping is considered the most powerful ruler of China since Mao. Nevertheless, the Chinese head of state looks battered than ever. Because the problems are piling up in front…
Industry under pressure in China: real estate giant Shimao cannot pay interest on loans
Industry under pressure in China Real estate giant Shimao can’t pay interest on loans 7/4/2022 9:53 am With the construction of numerous condominiums, hotels and office buildings, Shimao is one…
Annual financial statements come later: Evergrande has a problem worth billions
Annual accounts come later Evergrande has a problem worth billions 03/22/2022, 11:26 am The subsidiary Evergrande Property Services has long been regarded as the Chinese real estate group’s cash cow.…
State is striving for restructuring: China rushes to the aid of crisis group Evergrande
State seeks restructuring China is rushing to the aid of the Evergrande crisis group 01/24/2022, 10:08 am Several billion euros in debt are weighing on China’s second largest real estate…
Shivering game for industry giants: Evergrande shares suspended from trading
Monday, January 03, 2022 Shivering game for industry giants Evergrande shares suspended from trading Trading in the papers of the ailing Chinese real estate developer Evergrande was suspended once as…
Government sees “market process”: China does not want to save Evergrande
Thursday, December 9th, 2021 Government sees “market process” China doesn’t want to save Evergrande The Chinese real estate company Evergrande owes more than $ 300 billion. However, the giant cannot…
Insider: Interest not paid: Evergrande apparently breaks the deadline
Tuesday, December 7th, 2021 Insider: Interest not paid Evergrande apparently has a deadline According to insiders, the Chinese real estate company Evergrande is behind schedule with more than $ 80…
Problems in the real estate sector: Another group from China cannot pay
Monday, December 6th, 2021 Problems in the real estate sector Another group from China cannot pay After the mega-corporation Evergrande and its rival Kaisa, another Chinese real estate company is…