Average annual salary of executives at Chinese listed companies last year fell by 3.27 per cent, mirroring broader patterns of stagnating or falling wages amid the sluggish economic recovery.
Dozen Chinese Builders Get USD2 Billion of Loan Financing in Shanghai, Report Says yicaiglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yicaiglobal.com Daily Mail and Mail on Sunday newspapers.
China s state-owned developer vows to cut debt as financial woes rise 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 Vanke
said on Friday it aimed to boost its cashflow by slashing debt
and lifting income from businesses other than property
development as it sees continued margin pressure in 2024 and
2025.
The embattled property developer posted a 46.4 per cent slump in net profit for 2023, alarming investors just weeks after markets were roiled by rumours of liquidity problems at the firm.