Electronic screens display gongs at the Exchange Square Complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Tuesday, March 15, 2022. Paul Yeung | Bloomberg | …
A residential complex constructed by Evergrande in Huai’an, Jiangsu, China, on July 20, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — China’s housing ministry has announced plans …
China’s top leaders have pledged to make timely adjustments to policies in the struggling property sector and prioritize stable employment. They also made promises to boost domestic consumption, address local …
Chinese property developer Country Garden experienced a significant drop in its shares, reaching eight-month lows, due to fears over the country’s real estate sector debt. JP Morgan downgraded the company’s …