The global tremors from China's real estate crisis are only just starting, Property businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
Chinese developer Evergrande to undergo forced sale amidst $333 billion of debt dailyhive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyhive.com Daily Mail and Mail on Sunday newspapers.
Many Chinese developers in Australia and New Zealand have closed or scaled back, amid a property crisis in China, weak demand and higher construction costs.
Distressed Chinese home builder Logan Group has vowed to trim its debtload as the firm moves a step closer to reorganising US$8 billion of bonds and shareholder loan.