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Economy

18 facts about China Evergrande (you won’t believe #13)

News Editor Jun 25, 2022
China Evergrande has been making headlines over the past 12 months for all the wrong reasons. In this article, we give you the 18 facts you need to know about China Evergrande as its fate hangs in the balance.
Economy

Did China Evergrande pay Harvard to cover-up COVID origins?

Henry Chia Jun 20, 2022
A payment from China Evergrande to Harvard Medical School has become the focus of a probe into whether the origins of Covid-19 were covered up by top United States officials.
Economy

ESCAPING EVERGRANDE: Creditors cut ties with falling giant

Henry Chia Jun 16, 2022
Major creditors have begun walking away from China Evergrande in a concerning sign for the embattled Chinese developer.
Stocks

Exiled billionaire ‘tipped off’ about Evergrande bombshell

Henry Chia Jun 7, 2022
Exiled Chinese billionaire Miles Guo claims he's been given advanced notice that property giant China Evergrande is to file for bankruptcy.
Economy

Evergrande bondholder: “I will never see my money again”

Henry Chia Jun 5, 2022
As China Evergrande reportedly begins negotiating creative ways to repay billions owed to offshore bondholders, a paying agent of one of the embattled property giant's USD-denominated bond has sent a letter to investors officially confirming default.
Economy

Dire Evergrande warning amid fears of ‘brutal’ collapse

Henry Chia May 17, 2022
A leading investment advisor has dismissed suggestions China Evergrande is recovering from its debt crisis, warning the real estate giant is more trouble than ever.
Economy

Desperate sale sparks fears of Evergrande-style crisis

News Editor May 10, 2022
China's fourth largest property developer is looking to sell one of its key assets amid fears it'll miss a major debt repayment and spark market panic of a similar scale to that seen during the Evergrande crash.
Economy

Signs China Evergrande has staved off financial catastrophe

Henry Chia May 7, 2022
Even with a seemingly insurmountable debt burden the China Evergrande catastrophe many predicted has been avoided. Now there are signs the company could be back on track.
Economy

Evergrande linked to China plane crash in wild suicide rumour

Henry Chia Apr 11, 2022
The co-pilot of China Eastern Airlines flight MU5737 crashed the aircraft in a murder-suicide after losing his life-savings in the Evergrande debt crisis, according to speculation being reported in Chinese media.
Economy

Evergrande Crisis: Another developer in strife as auditor quits

News Editor Feb 27, 2022
Alarm bells are ringing for observers of the Evergrande crisis, with an announcement the auditor of another major Chinese property developer has resigned.
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