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Teetering China property giants undercut Xi Jinping's push to end crisis

China News: Fresh drama at Chinese property developers, including China Evergrande Group, is threatening President Xi Jinping's efforts to end the housing crisis.

Teetering China property giants undercut Xi's revival push • BusinessMirror

Fresh drama at property developers including China Evergrande Group is jeopardizing President Xi Jinping’s latest efforts to end the housing crisis. Just as China enters a key holiday sales season, a raft of headlines are weighing on already-frail confidence in the property market. Evergrande said it has to revisit its debt restructuring plan and a

Teetering China property giants undercut Xi's revival push

Any setback in the process will negatively affect the still very fragile market sentiment of almost all players in the sector and defeat the policy purpose, said Zhi Wei Feng.

China property market woes threaten Xi's housing revival efforts

The ongoing challenges faced by Chinese property giants are posing a significant threat to efforts to resolve the country's housing crisis.

China's Ailing Property Market Faces Key Test Over Golden Week