Investors are watching whether the property developer defaults. But in the background, the world’s No. 2 economy is flashing numerous warning signs.
Tag: China Evergrande Group
Evergrande Crisis Shows Cracks in China’s Property Market
Experts are making increasingly grim predictions about the developer’s ability to hold on without a government bailout, and the consequences of a possible collapse.
China Evergrande Warns of Financial Pressure, Hires Advisers
China Evergrande hired restructuring experts, sending its shares lower and adding to worries about what its fate might mean to the country’s economy.
Circulating in China’s Financial System: More Than $200 Billion in I.O.U.s
As the trade war escalates, Beijing needs private companies to pull China’s economy out of its rut. But for some, ready money can be hard to find.