Evergrande collapse casts long shadow on China s troubled property market globalsecurity.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalsecurity.org Daily Mail and Mail on Sunday newspapers.
China’s southern metropolis of Shenzhen is the only mainland city where individuals can apply for bankruptcy, but it’s not easy, as authorities seem to frown on debt forgiveness.
Debt-ridden Chinese conglomerate HNA Group said on Sunday that it had succeeded in resolving its debt risks, more than two years after a working group was created to restructure the company’s debts.
Between chaos and control: Chinaâs communists and a century of revolution
As the Chinese Communist Party turns 100, its leaders are still struggling to find the balance between growth and stability, repression and reform.
An art exhibition to celebrate 100 years of the Communist Party in China reflects the central position in society of Xi Jinping.Â
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In 35 years of reporting on China and its emergence as a global power, perhaps the most perceptive and certainly the most genial person I met was Cao Siyuan. He was by no means grand. His face looked as if it had been moulded by laughter. He laughed frequently, often at his own jokes and sometimes at himself. He had once, before a dramatic fall from grace, been an adviser to Chinaâs top leader. But when asked about his time among the ruling elite, he would demur, describing himself as no more than a âseventh-grade, sesame seed-sized officialâ.