Imagine a gleaming, modern production line—where something has gone seriously wrong. At first glance, it looks like a well-oiled machine. In reality, it’s the opposite. Workers have the latest ...
Shanghai-based property giant Shimao Group said on Monday that it had received a liquidation petition from a Chinese state-owned bank in yet another instance of creditors taking legal action to ...
HONG KONG, Dec 18 (Reuters) - Progress by Chinese property developer Sunac (1918.HK), opens new tab towards a landmark restructuring deal for yuan bonds could open the gates to a flurry of debt ...