Stories Tagged as
Evergrande
He bought a property in China. Nine years later, he got the key.
by
Jennifer Pak
Sep 24, 2024
Chen Peng wanted a home to attract a wife. Condo projects fraught with financial and legal battles made him wait nearly a decade.
With Chinese developer Evergrande set to liquidate, impact may spread beyond investors
Jan 29, 2024
Unwinding the debt-burdened company will likely create large losses among creditors and could trigger some capital flight.
Inside Malaysia's $100 billion "ghost city"
by
Nick Marsh
Dec 14, 2023
In 2016, Country Garden unveiled a $100 billion project in Malaysia called Forest City. It was supposed to accommodate nearly 1 million people. Eight years on, the complex is virtually empty.
Many Chinese homebuyers are paying mortgages on homes they may never live in
by
Jennifer Pak
Sep 14, 2022
With real estate firms in financial distress, thousands of people are left with unfinished condos. Some are trying to fight back.
Evergrande investors in China are worried but holding on
by
Jennifer Pak
Oct 26, 2021
Evergrande is among the three biggest property developers in China and it seems to have the backing of the Chinese communist party.
Evergrande crisis hits China's investors, homebuyers
by
Jennifer Pak
Sep 23, 2021
The Chinese property giant Evergrande was known as a risky business operator, but for years investors didn't seem to care — until now.
Why is Evergrande shaking markets?
Sep 21, 2021
The Chinese property developer is "potentially representative of a much broader set of problems across China's real estate sector," one expert says.