Is China on the brink of a spending crisis exceeding Evergrande's collapse? Explore debt deflation, low consumer spending, & ...

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 ...

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

The liquidation of Evergrande Group as ordered by a court this week has raised more questions than answers about how the collapse of the posterchild of China’s real estate crisis will affect ...

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 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 ...

China is facing a mounting debt crisis that’s three times larger than the collapse that once shook global markets. With local governments, shadow banks, and real estate giants drowning in liabilities, ...

China Evergrande's New Energy Vehicle division continues basic operations amid financial strain. The company sustains ...

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.

China’s government is stepping in to cool down the fierce price war in its electric vehicle (EV) market, as concerns over ...

China Evergrande New Energy Vehicle announces a delay in finalizing its circular, initially expected by June 30, now ...