Once one of the country’s biggest growth drivers, China’s property market has been in a downward spiral for four years with ...

Yet in more recent months, the market has fallen back into the basement. Prices in China’s 70 biggest cities dropped in October at the steepest monthly rate in a year. Although the record-breaking ...

China's property crisis deepens as top developer China Vanke faces debt problems, raising fears of another Evergrande-like ...

At the same time, Vanke said it was experiencing “temporary liquidity difficulties” from a fall in new-build home sales in ...

Once considered one of China’s strongest developers, Vanke saw its dollar bond due in 2027 fall below 44 cents, its lowest ...

The shares of China’s most indebted property giant Evergrande have been taken off the Hong Kong stock market, marking the end of its life as a publicly traded company that symbolised the rise and fall ...

China even has a phrase for these poor-quality works: doufuzha gongcheng, or “tofu-dreg projects,” a term popularized by ...

China’s real-estate sector is buckling under the weight of falling prices, a huge and growing inventory of unsold units, and highly indebted developers. Add to that slowing GDP growth and falling ...

More than a year after one of China’s biggest trust companies collapsed, hopes for a recovery in the $3.7 trillion industry are quickly fading. Zhongrong International Trust Co., which managed about ...

China’s rapid economic collapse is beginning to impact even its highest-priority national projects, including the ...