Tag: Evergrande

Evergrande sues founder and executives to recover $6bn

CHINA Evergrande, the world’s most indebted property developer and under liquidation, is taking legal action against its founder…

China sitting on 3 billion sqm of unsold housing

CHINA'S real estate crisis, which has spread to the wider economy and pushed some of the country’s biggest…

CHINA’S housing minister has told troubled property company to “go bankrupt”.

CHINA'S housing minister has told troubled property company to "go bankrupt". This stark admission by China’s housing minister…

Troubled Chinese property companies face strict consequences

THE official voice of the Central Committee of the Chinese Communist Party (CCP) has told troubled property companies to…