Local government bodies accumulated an estimated $18 trillion of debt last year, according to CNN, which said the problem is so bad some cities have cut basic services and are at risk of default

Home prices in the territory dropped in 2022 with December seeing the seventh consecutive monthly decline

Property developer will appoint a new auditor after PwC resigned after disagreements over matters relating to the audit of its 2021 accounts

Country saw 2.9% growth in fourth quarter, but the overall economy remains weak and is not expected to pick up till the second quarter

Prices in December declined 0.2% month-on-month, the fifth consecutive monthly fall and at the same pace as in November

Increased state support saw the country’s real estate developers raise $19.9bn last month – but fundraising still dropped 38% over the year

The Hang Seng Mainland Properties Index firmed in mid-afternoon trade, after earlier jumping close to 4%

The world's most indebted property developer has been struggling to repay its many creditors, making this a 'crucial year' for debt repayment

Property prices in 100 Chinese cities fell for the sixth month in a row in December, a private real estate firm survey showed

The top four state banks have been given a week to issue offshore loans to help developers 'of good quality' repay overseas debt, sources say

With Beijing stepping up support for the property sector, some offshore bondholders are looking for bargains amid hope China's cash-squeezed property sector will recover from its brutal slide

Evergrande expects to firm up debt restructuring proposals by end-February or early-March, lawyers for the developer told a Hong Kong court on Monday