Evergrande was the symbol of the excess of China’s property market. On Monday, its shares were delisted from Hong Kong’s stock exchange, leaving creditors in limbo. Evergrande’s delisting from the ...

Giulia Carbonaro is a Newsweek reporter based in London, U.K. Her focus is on the U.S. economy, housing market, property insurance market, local and national politics. She has previously extensively ...

China's struggling housing sector will see a sharper downturn this year than previously thought, marking the fifth ...

The devastating property crisis that broke out in China after the collapse of giants like Evergrande is far from being resolved, experts say, as new home prices in the country continue falling and new ...

James H. Nolt is adjunct associate professor of international relations at New York University and author of International Political Economy: The Business of War and Peace. He was founding dean of an ...

IMF says China’s housing bust is occurring at “a historically rapid pace only seen in the largest housing busts in cross-country experience in the last three decades.” China’s ongoing housing bust won ...

(Bloomberg) -- Some economists see China in danger of sliding into the same kind of multi-decade struggle against deflation and dismal growth that Japan suffered in the 1990s and 2000s. There are ...

A court in Hong Kong has ordered the liquidation of Chinese property developer Evergrande Group, once the world’s largest real estate company. The failure could pose obstacles to China’s economic ...

For much of the past decade, China’s real estate sector has been a key driver of economic growth, contributing roughly a quarter of the country’s GDP. However, since 2021, the industry has become a ...

Finance worker Daisy Gu prides herself on being a savvy shopper. Recently, she took advantage of a so-called trade-in program, where the government entices people to upgrade old products for newer ...