PricewaterhouseCoopers, one of the Big Four auditors, had been Evergrande’s auditor since 2009, when the developer listed in Hong Kong
Multi-year satellite study finds 45% of big Chinese cities are subsiding over 3mm a year, with 16% sinking more than 10mm a year, affecting millions of residents
The International Monetary Fund’s managing director said Beijing needed to address its property crisis to give consumers more confidence to spend
IMF chief economist says China’s economy is strained by its property crisis and warns that domestic demand will stay weak until strong action is taken to remedy that
China saw 5.3% growth in the first quarter, well over analysts' expectations, but data on retail sales, industrial output and property investment shows the domestic economy is struggling
Truong My Lan was found guilty of fraud amounting to $12.5 billion – nearly 3% of the country’s 2022 GDP
The biggest money-laundering case found in Singapore has led to officials tightening oversight, but small terms given to 2 men who found guilty last week stirred anger online
The ailing real estate giant is being sued over its failure to repay a loan to state-backed China Construction Bank (Asia) amid a controversial debt restructure
Investors led by PE firm PAG have bought a 60% stake in property giant Dalian Wanda's mall unit, which runs close to 500 malls across China
Banks have been reluctant to deepen their exposure to the ailing real estate sector but regulators are pushing for speedier new loan approvals to developers
The creditors’ opposition to the proposal could be a major problem for the ailing property giant and China’s crisis-hit real estate sector
Sources say China's biggest developer, which went into default in October with debts of $190 billion, has hired Kroll to do a liquidation analysis; it could be the second giant builder to go under