Signage at a residential project developed by Country Garden Holdings Co. in Baoding, Hebei province, China, on Tuesday, Aug. 1, 2023. Bloomberg | Bloomberg | Getty Images JPMorgan raised its …
A woman walks at the Bund in front of the financial district of Pudong in Shanghai, China. Aly Song | Reuters BEIJING – China’s economy is running into more challenges. …
An oil pumpjack pulls oil from the Permian Basin oil field on March 14, 2022 in Odessa, Texas. Joe Raedle | Getty Images This report is from today’s CNBC Daily …
Country Garden Holdings Co.’s Fengming Haishang residential development in Shanghai, China, on Tuesday, July 12, 2022. Qilai Shen | Bloomberg | Getty Images Shares of beleaguered Chinese real estate company …
A pedestrian crosses a road in front of residential buildings in Beijing, China. Qilai Shen | Bloomberg | Getty Images Chinese property stocks surged on Friday after the People’s Bank …
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 …
Tourists at the Bund on July 11, 2023 in Shanghai, China. Vcg | Visual China Group | Getty Images Chinese stocks soared Tuesday as Beijing pledged to ramp up measures …
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 …