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Tag: China Evergrande Group

World

Tuesday Briefing: Trump’s New York Fraud Trial Begins

October 2, 2023Justin PorterComments Off on Tuesday Briefing: Trump’s New York Fraud Trial Begins

Plus a new release of India’s electronic music from the ’70s.

World

Monday Briefing: U.S. Aid to Ukraine Is Uncertain

October 1, 2023Justin PorterComments Off on Monday Briefing: U.S. Aid to Ukraine Is Uncertain

Plus NASA’s plan to build houses on the moon.

World

Friday Briefing: New Trouble for China Evergrande

September 28, 2023September 28, 2023Justin PorterComments Off on Friday Briefing: New Trouble for China Evergrande

Plus the Japanese Formula 1 driver who became a cult star.

World

China’s Economy Is Slowing, a Worrying Sign for the World

January 16, 2022January 17, 2022KEITH BRADSHERComments Off on China’s Economy Is Slowing, a Worrying Sign for the World

Economic output climbed 4 percent in the last quarter of 2021, slowing from the previous quarter. Growth has faltered as home buyers and consumers become cautious.

World

With Property Sales Plunging, China Evergrande Faces More Protests

January 4, 2022ALEXANDRA STEVENSON and CAO LIComments Off on With Property Sales Plunging, China Evergrande Faces More Protests

The developer has tried for months to signal that its $300 billion debt problem was under control. But the challenges keep mounting.

World

China Evergrande Suspends Trading Shares in Hong Kong

January 3, 2022January 3, 2022ALEXANDRA STEVENSONComments Off on China Evergrande Suspends Trading Shares in Hong Kong

The world’s most indebted property developer provided no details on the suspension, but it suggested an announcement “containing inside information” would come soon.

World

Your Monday Briefing: South Africa’s Parliament Burns

January 2, 2022January 2, 2022Amelia NierenbergComments Off on Your Monday Briefing: South Africa’s Parliament Burns

Plus a breach in the DMZ and posturing about women’s rights in China.

World

What Default? With Confetti and Fanfare, Evergrande Says It’s Ready to Build.

December 31, 2021January 1, 2022Alexandra Stevenson and Joy DongComments Off on What Default? With Confetti and Fanfare, Evergrande Says It’s Ready to Build.

Weeks after signaling it could no longer go on, the troubled Chinese property developer has pledged to start paying its workers and completing projects again. Buyers are skeptical.

World

China Evergrande Has Defaulted on Its Debt, Fitch Says

December 9, 2021December 9, 2021ALEXANDRA STEVENSON and CAO LIComments Off on China Evergrande Has Defaulted on Its Debt, Fitch Says

A ratings agency’s declaration confirmed what investors had already suspected, but they now must wait on a restructuring plan overseen by the firm hand of Beijing.

World

China Evergrande Troubles Spread Through Property Sector

November 9, 2021November 10, 2021Alexandra Stevenson and Joy DongComments Off on China Evergrande Troubles Spread Through Property Sector

Global markets just weeks ago were fretting over the possible failure of Evergrande. Now the developer says the worst is over, even as other companies show signs of trouble.

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