Concerns about the spillover risks of a messy collapse have led to speculation the state may support the group and 'buy time' till it can sell its subsidiaries off, before a buy-up of projects or stakes in the core unit
With US equities priced at historic highs and an unwind of the Fed's easy money policies looming, some worry that a drop in risk appetite could leave global markets vulnerable to a major sell-off
Xu Jiayin (aka Hui Ka Yan) has put on a brave front to rally his troops while his empire teeters near collapse
China's new home sales, existing home sales, and land sales are all plummeting this month as government measures to curb prices bite.
Officials from Beijing reportedly told property tycoons in Hong Kong to do more to ease the city’s chronic housing shortage. This has amplified the real estate crisis caused by Evergrande's debt woes. It has also hit China's demand for steel.
Shares of Sunac, China's fourth-largest property developer, dropped more than 10%, while state-backed Greentown China shed almost 7%.
Former World Bank leader Kristalina Georgieva applied "undue pressure" on staff to boost China's ranking in the bank's 'Doing Business 2018' report, an investigation found. She disputes the findings.
Japanese leaders say trade group would need to assess if China can meet its 'extremely high standards', while China's state media claims the move would put 'overwhelming pressure' on the US to rejoin the trade pact
The plight of unpaid contractors has thrown a spotlight on the extensive use of commercial paper in China's property sector. Developers favour it as they prefer to not pay upfront and it doesn't count as interest-bearing debt.
Xpeng Heitech's model will be able to drive on road, allegedly over 600 kilometres (370 miles) on a single charge, but it is not known yet how far they will be able to fly
Liuzhou-based SGMW, GM's venture with partners SAIC Motor and Guangxi Automobile, says it's been developing its own auto computing chips for the past three years
China Minseng is one of 128 banks and 121 other institutions who loaned funds to Evergrande up till last year, so any collapse or sell-off of the company's assets could be felt far and wide