Beijing said to prefer alternative measure involving state-provided affordable housing

The bond market has responded positively to comments from China's central bank saying the spillover effects from Evergrande's debt woes on the banking system were controllable

Real estate shares fell 2.6% on Monday, as Beijing pushed plans for a property tax and new data confirmed weakening in the troubled sector

China's new construction starts in September fell 13.5% from a year earlier, plummeting for the sixth straight month, including three double-digit declines, according to Bureau of Statistics data

The ailing property giant’s chief executive is said to be in Hong Kong for crucial meetings over restructuring and asset sales as the firm battles with $300bn of debt

The Hong Kong-headquartered company says its controlling shareholder Wong Sai Chung has vowed to back the firm through its liquidity crisis

A leading People's Bank of China official has moved to reassure the markets any impact a China Evergrande collapse might have on its financial institutions will be manageable

Struggling real estate giant failed to pay nearly $150 million of coupons on three bonds due on Monday, after missing two other bond payments in September

Analysts say Beijing could ease its clampdown to deleverage the property sector or ease up on some of its moves if it begins to seriously undermine the country's economic well-being.

Shares of Chinese real estate firms slip as investors worry about the debt crisis that has hit the property sector, including China Evergrande Group, following fresh rating downgrades.

As default looms for ailing property giant China Evergrande, its bond investors abroad are looking at what legal options they have to safeguard their cash

China has the ability to address the Evergrande crisis, although there is a risk of the developer's pain escalating to cause broader financial stress, the Fund says