China's parliament is set to approve just over 1 trillion yuan ($137 billion) in additional sovereign debt issuance when it concludes a five-day meeting on Wednesday

PBOC governor Pan Gongsheng said he will focus on bolstering domestic demand and neutralizing financial risks

The 433-hectare Wilton Greens project southwest of Sydney is mired in uncertainty because of the Chinese developer's debt woes and lack of critical infrastructure 82km from the city centre

Country's biggest private developer seems to have missed a payment deadline, which would put the group in default on $17 billion in offshore debt

China's GDP grew 4.9% in the July-September quarter from the year earlier, according to figures released on Wednesday by the National Bureau of Statistics

China's deepening property crisis has added to the pressure on local municipalities, with developers in no shape to buy new plots of land and provide some revenue

With nearly $11 billion of offshore bonds and $6 billion of offshore loans, a default by Country Garden would set the stage for one of China's biggest corporate debt restructurings

Officials call for calm after people line up to withdraw money from the Bank of Cangzhou in Hebei province amid fears over billions lent to property giant Evergrande, which may face liquidation

Exports and imports fell by 6.2% over 2022 - margins that were less than August, however multiple economic challenges remain

Shares of China's largest private developer sank nearly 11% on Tuesday after it warned liquidity is very tight and it faces uncertainty on the sale of assets and restructuring of its debts

Bondholders of China Evergrande express surprise at debt plan failure, fear it faces liquidation, while Country Garden may announce a restructuring of its offshore debt soon

Analysts say officials may have vetoed the group's debt restructuring and that a risk management committee is likely to step in to deal with the company's unfinished projects and huge debts