Evergrande’s collapse isn’t just about one massive Chinese real estate company - it’s about contagion. In a highly interconnected economy, the fall of a single company can trigger a chain reaction ...

The ex-wife of China Evergrande Group’s chairman spent millions on luxury apartments in London, nine months after the developer defaulted on its loans.

The Chinese government is signaling enough is enough when it comes to the fierce competition in the country's electric car ...

Evergrande could go the way of other failed businesses, such as HNA Group or Anbang, he added. Ten years ago, they were among China’s largest private conglomerates, having gone on a global ...

Shares of embattled Chinese property giant China Evergrande Group crashed 79% Monday, when they resumed trading after being suspended since March 2022. The stock was halted months after Evergrande ...

Evergrande’s beginnings as a homebuilder were modest. Mr. Hui, a former steel factory worker, founded the company and oversaw its growth over a quarter century into a property giant.

Evergrande expanded beyond Shenzhen as China underwent massive urbanization, and it was central to the world’s largest movement of people from the countryside to cities. Mr.

Evergrande’s total assets, meanwhile, were valued at only 1.838 trillion yuan ($256 billion), which means it could be insolvent. The company’s employee headcount fell by 17% to 102,910 by the ...

Evergrande also diverted loans that had been secured by its property-services unit, which was publicly listed, to pay Evergrande’s operational and financial needs, ...

Evergrande’s plan to restructure its massive debts is in trouble because of a regulatory probe into its main subsidiary, the embattled Chinese developer said Sunday. CNN values your feedback 1.

The Chinese government is signalling enough is enough when it comes to the fierce competition in the country's electric car ...