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Chinese property giants hit hard with nearly USD 3 billion in forex lossesChina's leading real estate firms have reported nearly $3 billion in foreign exchange losses for the first half of the year, mainly due to ...- ‘Fake EBITDA’ masks risk in debt-laden companiesNow, amid rising interest rates, persistent inflation and warnings of a potential recession on the horizon, research from S&P Global Rating...
- China's top banks to issue offshore loans to help developers repay debtThe regulators have given 'window guidance', or verbal orders that leave no paper trail, to the banks, setting a date of Dec. 10 by which t...
- Chinese property stocks rally on pledge of state supportBattered Chinese property stocks rallied Monday after Premier Li Keqiang pledged to support developers and hinted at possible state funding...
- China developers speed up diversification after debt-led growth fuels crisisChinese developers are heeding Beijing's call and accelerating a push into asset-light businesses such as property services and commercial ...
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