China's retail sales dropped in October, for the first time in five months, and factory output grew more slowly than expected, new data showed on Tuesday
A package of support measures from the PBOC and banking officials was hailed by some analysts as a "turning point" and caused the property index to soar to a 2-month high in morning trading
Construction at the site has been halted since September 2021, with Evergrande facing more than $300 billion in liabilities
Immigration consultants said anxiety is spreading among China's rich over the socialist policy direction favoured by Xi Jinping's government, the SCMP said
Officials from Danzhou city say the buildings will be completed and turned into rental housing, serviced apartments and used for commercial activities.
Japanese MPs want a land registration like the new one imposed in Britain to help identify real owners of land in key areas, amid concern over spying by China, Russia and North Korea
Debt-wracked China Evergrande said in a filing that its plot of undeveloped land near the border in Hong Kong has been sold by receivers for a price of close to $637 million.
The Peak district home has been reportedly seized by the China Construction Bank (Asia) in connection with an overdue Evergrande bond
China Evergrande said this week it has received a notice of enforcement from Shengjing Bank for unrecoverable funds totalling 32.595 billion yuan ($4.48 billion)
Some 14 auditors have severed ties with Chinese property firms listed in Hong Kong this year, which has raised concern about debt-ridden developers that have failed to publish financial results
China home prices and sales dropped further in October, according to private data, while Shanghai developer CIFI has suspended payment on offshore debt. Analysts say Covid policies are making the crisis worse.
The debt-ridden developer said it hopes to extend its repayment deadline after "experiencing significant declines in its sales and operations"