Country Garden Holdings Co Ltd

China's top real estate developers, Evergrande and Country Garden, have defaulted on their debts. But the issues in China's property market have much deeper roots.Desperate property developers in China have resorted to gifts like new…

A newly built property is seen from the air in Hangzhou city, Zhejiang province, China, Dec 15, 2023.CFOTO | Future Publishing | Getty ImagesChina's property stocks jumped after the country's central bank announced measures that would…

The site of a real estate building under construction in Huai 'an city, Jiangsu province, China, December 26, 2023.CFOTO | Future Publishing | Getty ImagesChina is facing the prospect of a long-drawn correction in its property sector,…

Most investors agreed at a meeting with Shenzhen Stock Exchange last week to forego a put option expiring Dec. 13 that allows investors to demand repayment before maturity next year, Bloomberg reported.Economic growth in China has been…

This comes as after the company said that it would delay a debt restructuring meeting due Monday.On Sunday, the company also revealed that due to an investigation into subsidiary Hengda Real Estate, it was unable to issue new notes under…

New home sales for the top 100 developers in China dropped by about a third in June and July from a year ago, after double-digit growth earlier in the year, according to S&P Global Ratings.Late Thursday, the world's most indebted…

China's housing prices fell in October due primarily to falling prices in less developed, so-called Tier-3 cities, according to Goldman Sachs analysis of official data.Future Publishing | Future Publishing | Getty ImagesBEIJING — China's…

Many Chinese developers have halted or delayed construction on presold homes due to cash flow problems. Pictured here is a property construction site in Jiangsu province, China, on Oct. 17, 2022.Future Publishing | Future Publishing |…

August was marked by extremely hot temperatures in parts of China, prompting temporary power rationing in some regions. Pictured here on Aug. 24, 2022, is the central city of Chongqing's skyline with the lights partially turned off to…