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China Vanke's Near-Default Exposes Fragility of the Faltering Recovery in the Property Industry
China Vanke, once the country's largest homebuilder, narrowly avoided defaulting on a $284 million debt last week as the ...
(Yicai) Dec. 29 -- Embattled Chinese real estate giant Vanke has again failed to secure creditor approval to extend a ...
Chinese developers are rapidly pursuing growth in the healthcare market; an industry they believe will be their next lucrative opportunity. According to a recent Bloomberg piece, China is expanding at ...
Social media giant Meta Platforms ($META) has long been branching out into hardware. One of its biggest advances has been in ...
(CNN) — Shanghai-based property giant Shimao Group said on Monday that it had received a liquidation petition from a Chinese state-owned bank in yet another instance of creditors taking legal action ...
A Chinese court has agreed to hear a lawsuit filed by a local developer against Apple Inc.’s app store practices, only the second time the iPhone maker has had to defend its decade-old model in the ...
Once deemed the world’s most indebted developer, Chinese real estate giant Evergrande will soon be no more. A Hong Kong judge ordered the developer to liquidate, the New York Times reported. The ...
In a surprising turn of events, the Forest City, a $100 billion ghost town in Malaysia, has found a new purpose as a filming location for reality shows and documentaries. The show’s second season, ...
Shares of Chinese AI chip developer Shanghai Biren Technology surged on their debut on the Hong Kong Stock Exchange Friday after the firm’s successful initial public offering. The stock’s rise is the ...
As part of its efforts to further invest in the Chinese market, Apple announced this week that it’s bringing its Apple Developer service to China’s WeChat app. The service includes news, announcements ...
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