The move comes as parent group China Evergrande has reportedly found the funds for its latest payment deadline
The real estate group has the most offshore debt of any Chinese developer after Evergrande, which has liabilities of over $300 billion
The meeting between top officials and property developers and lenders came amid intensifying concern over a liquidity crisis in China's real estate sector
China’s big tech stars are likely to report falls in profits and slowing revenues growth following Beijing’s regulatory clampdown on the sector this year
China’s central bank is predicted to tread warily over any monetary policy easing as economic growth looks set to continue slowing in the world’s No2 economy
A wide swathe of China has suffered outages since May due to soaring prices and tight supply of coal, a...
Social e-commerce app Xiaohongshu – 'Little Red Book' – says it has raised new funding from existing shareholders who increased their stakes in the firm
Daily coal output hit 11.93 million tonnes last week, a multi-year high as more capacity returned, China's state planner said on Monday, as it tries to fill a supply shortage ahead of winter
Link said it will acquire the interests in the Queen Victoria Building, The Galeries and The Strand Arcade at the heart of Sydney CBD
But imports fell short of analysts' expectations, pointing to a weakness in domestic demand in the world’s number two economy
Despite the recent power crisis easing, the country’s State Grid Corp is concerned about another squeeze on supplies as demand surges when the cold hits
Exports of the 17 minerals crucial to the production of electronic components and magnets – and to many industrial processes too – are up 89% on a year ago