Evergrande’s liquidation doesn’t help the world’s second-largest economy, extending a long-run drag from the beleaguered property development sector on growth.
Troubled Chinese property developer Evergrande faces liquidation after failing to reach a restructuring deal with its creditors, according to multiple.
By Michael Susin Haleon said that it has agreed to sell ChapStick lip-care brand to Suave Brands Co. for up to $510 million as it seeks to divest from.
By Sherry Qin Troubled Chinese property developer Country Garden Holdings is seeking to sell a host of properties in Guangzhou city to raise up to 3.82.