Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Chinese property giant Country Garden has ...
After relying on a borrow-to-build model for decades, Beijing must make difficult choices about the country’s housing market and economic future. By Alexandra Stevenson Reporting from Hong Kong When ...
Chinese property giant Country Garden is in trouble after a creditor filed a petition to liquidate the real estate company over unpaid debt. Country Garden Holdings Co. faces a liquidation threat over ...
Move over Evergrande. There is a new poster child of China’s protracted real estate crisis — Country Garden. A financial industry group that makes determinations on credit events ruled Thursday that ...
Ample liquidity and a bold government stimulus package have catapulted China past stumbling rival economies. China is showing few symptoms of an economic crisis. While many of the world’s banks ...
China is the world's second-largest economy and largest emitter of greenhouse gases. It is America's chief economic and geopolitical rival, bent on global domination. It exploits forced labor. It ...
A render depicting future ILRS infrastructure on the moon. Azerbaijan, Pakistan and Belarus joined the project in October 2023. Credit: CNSA/Roscosmos HELSINKI — China has added a United Arab Emirates ...
A Chinese coast guard vessel maneuvers beside the Philippine coast guard ship BRP Cabra as they approach Second Thomas Shoal, locally known as Ayungin Shoal, during a resupply mission at the disputed ...
Country Garden, already on the brink of default with nearly $190 billion in debt, reported billions in losses for the first half of the year. By Daisuke Wakabayashi The embattled Chinese homebuilder ...
HONG KONG—Country Garden Holdings 20070.00%increase; green up pointing triangle, a 31-year-old property developer that had been lauded by China’s authorities as a model for others, missed interest ...
Nvidia's (NASDAQ:NVDA) H20 chips are raising security concerns in China, according to a social media post linked to the country's state media. The account, Yuyuan Tantian, which is connected to state ...