“The Chinese government is trying to limit speculative property investment. China has been building expensive apartments and office complexes without any market to occupy these buildings for years, ...

Chinese bubble tea drinks company Guming Holdings aims ... Guming’s profit rose 11.8 per cent year on year to 1.1 billion yuan in the first nine months of last year, surpassing the full-year ...

When Bloomberg Economics Chief Economist Tom Orlik published China: The Bubble That Never Pops (Oxford University Press) in 2020, the Chinese economy was facing threats on multiple fronts.

The balance of China’s economy is shifting rapidly. In 2020, when Xi started to deflate the real estate bubble, property accounted for 24% of GDP and high-tech sectors for 11%. In 2024 ...

One of the largest Chinese real estate companies, Country Garden defaulted on $11 billion in offshore bonds in 2023 and said earlier this month that its debt restructuring proposal would reduce ...

Mixue is the most affordable bubble tea chain in China, a staple for many students and working-class individuals. A regular bubble tea costs just 6 RMB (0.80 USD) at Mixue, compared to 10 RMB (1.40 ...

Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market slump, while also saying its CEO was resigning due to "health reasons". Beijing has in recent ...

More than three years into China’s housing crisis, there is still no sign of its ending. Now, as private and locally-owned developers keep faltering, the sector is becoming more state-dominated.

The real estate firm is among several major Chinese firms embroiled in a debt crisis that has left developers in severe financial distress. Indebted Chinese property giant Vanke warned today of a ...