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Chinese Property Developers Owe $173 Billion in Wages in January

Property developers in communist China faced major problems in 2021. Plagued by several issues like the inability to pay debts and slowing consumer demand,

China s Evergrande shares halt as $300 billion default looms

Chinese developer Evergrande shares have been halted from trading until "inside information" has been released.

World holds its breath as Evergrande teeters on the brink of collapse

Evergrande has debts of more than £300bn, with Asian and Western banks braced for the largest default since Lehman Brothers in 2008.

Evergrande shares slump on renewed default fears

Shares in the Chinese property giant sink 20% as worries about company's future return.

Evergrande shares slump on renewed default fears

Shares in the Chinese property giant sink 20% as worries about company's future return.

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