Tag: builders and developers
8 months ago
cnn.com

First Evergrande, now Sunac. Another big Chinese developer files for US bankruptcy protection

One of China’s leading property developers, Sunac, has filed for bankruptcy protection in the United States, shortly ...

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8 months ago
cnn.com

China property woes deepen as a big developer suspends debt payments

A major Chinese property company has suspended offshore debt payments, deepening turmoil in the beleaguered sector.

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8 months ago
cnn.com

China’s biggest homebuilder just dodged default. It faces a rocky road ahead

Chinese property giant Country Garden has twice narrowly avoided defaulting on its debt in a matter of days. But it’s...

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