China Stabilizes, in the Shadow of Country Garden and Evergrande
Things are moving again for China’s economy and green shoots are sprouting. But sustaining that could be tough if the troubles of major property developers continue. Continue reading
China Evergrande Group, an investment holding company, primarily engages in the property development business in the People's Republic of China. It operates through Property Development, Property Investment, Property Management Services, and Other Businesses segments. The company offers property development, investment, and management services; and engages in new energy vehicle, cultural tourism, and health industry business. It also provides sale and manufacturing of smart mobility; and development and sale of health and living projects, as well as develops and operates real estate. The company was incorporated in 2006 and is headquartered in Guangzhou, the People's Republic of China. China Evergrande Group operates as a subsidiary of Xin Xin (BVI) Limited.
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Things are moving again for China’s economy and green shoots are sprouting. But sustaining that could be tough if the troubles of major property developers continue. Continue reading
China’s economy is likely to struggle for a while yet, economists say. Real estate remains a major risk and consumer confidence is fragile. Continue reading
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