China property market may see more pain, though Evergrande crisis may ease

People look at home models at the 2021 Dalian Autumn Real Estate Exhibition at the Dalian World Expo Center on October 15, 2021 in Dalian, Liaoning Province, China. Leo Debin | China Optical Group | Getty Images BEIJING – Concerns about high debt levels for Chinese property developers have alarmed investors despite indications that real … Read more

China Evergrande shares drop after Hopson asset deal falls through

China Evergrande Group has begun returning a small portion of the money owed to buyers of its investment products, weeks after people protested missed payments at its Shenzhen headquarters, pictured here on September 30, 2021. Jill Sabri | Bloomberg | Getty Images BEIJING – Shares of China Evergrande briefly fell more than 10% in open … Read more

How Evergrande found itself on the wrong side of China’s regulators

The high-rise apartment buildings in the Riverside Mansion development under construction by China Evergrande Group in Taikang, Jiangsu Province, China, Friday, September 24, 2021. Kelay Shane | Bloomberg | Getty Images BEIJING – China’s property developer Evergrande has made little progress toward complying with Beijing’s crackdown on property debt — until it’s too late for … Read more