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Tag: property market crisis

Chinese police detain wealth management staff at the heavily indebted developer Evergrande

Posted on September 17, 2023 By admin
Chinese police detain wealth management staff at the heavily indebted developer Evergrande

Evergrande is the world’s most heavily indebted real estate developer, at the center of a property market crisis that is dragging on China’s economic growth. File | Photo Credit: AP The police in a southern Chinese city said they have detained some staff at China Evergrande Group’s wealth management unit in the latest trouble for…

Read More “Chinese police detain wealth management staff at the heavily indebted developer Evergrande” »

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