The extent of China's real estate crisis has been laid bare by a leading ratings agency, which has made a startling estimation of how many developers are now unable to pay their debts.
EXCLUSIVE: Major suppliers of Chinese real estate giant Evergrande have announced they will suspend loans and stop work in a move that could signal trouble for the global economy.
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.
Major creditors have begun walking away from China Evergrande in a concerning sign for the embattled Chinese developer.
Exiled Chinese billionaire Miles Guo claims he's been given advanced notice that property giant China Evergrande is to file for bankruptcy.
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.
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.
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.
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.
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.