Check out the man-made island where Evergrande was ordered to tear down 39 buildings
Getty Evergrande was ordered to demolish 39 buildings on its man-made island. The embattled real estate developer has poured nearly $13 billion into
Getty Evergrande was ordered to demolish 39 buildings on its man-made island. The embattled real estate developer has poured nearly $13 billion into
What Happened: The new year is spelling new troubles for the China Evergrande Group. On January 3, the world’s most indebted developer suspended
This post is the first in a series of monthly summaries of highlights from Chinese-language news and social media, offering some analysis of economic
Key Takeaways: The dramatic downturn in China’s real estate industry in 2021 could mean that hard luxury could be poised for a pivotal 2022. A
It's not just Evergrande — a number of smaller property developers in China are also facing issues.Noel Celis/Getty Images Chinese real estate
What Happened: Despite a strong rebound in the first half of 2021, China’s economy has started to cool down. According to a report issued by the
Let’s play a little game. It’s the end of the year, so why not have some fun? 2021 has been a rollercoaster ride for global luxury in China.
People commute in front of the under-construction Guangzhou Evergrande football stadium in Guangzhou, China's southern Guangdong province on
China Evergrande's chairman Hui Ka Yan saw his fortune sink to $6.1 billion this year.VCG/VCG via Getty Images China's real-estate magnates have lost
China Evergrande's chairman Hui Ka Yan saw his fortune sink to $6.1 billion this year.VCG/VCG via Getty Images China's real-estate magnates have lost
What Happened: As the world’s most indebted real estate empire, China Evergrande Group now faces a slew of claims from companies owed money. Its
By John Richardson IT IS A FANTASTIC song from a great band. Another One Bites the Dust by Queen underlines the versatility of a band that could not
Evergrande billionaire Hui Ka Yan was forced to give up an additional 2% of his stake in the property giant last week.Bobby Yip/Reuters The sale of
Evergrande billionaire Hui Ka Yan was forced to give up an additional 2% of his stake in the property giant last week.Bobby Yip/Reuters The sale of
Henrik and Lana cover the latest in episode 150 of Flashback Friday. Show also