The Latest Breaking News from Evergrande

Evergrande has filed for bankruptcy protection and firms covering 40% of Chinese home sales have defaulted

The troubled Chinese real estate developer filed for Chapter 15 protection as it tries to restructure $32 billion of foreign debt.

Move will protect property giant’s assets in the United States as it attempts to restructure.

The company’s chapter 15 protection will protect its US assets while it attempts a restructuring deal

China’s government is trying to reassure jittery homebuyers after a major real estate developer missed a payment on its multibillion-dollar debt, reviving fears about the industry’s shaky finances and their impact on the struggling Chinese economy

BEIJING: Less than two years after China Evergrande Group’s default sent shockwaves around the world, an even larger Chinese developer is on the brink.

Country Garden was meant to be a survivor of China’s property crisis, but a missed interest payment shows that it’s also tight on cash.

China’s Country Garden Holdings, one of China’s largest private-sector property developers, is late on delivering coupon payments on its debt, sparking fears the company could soon default. The company failed to pay coupon payments due Monday. Country Garden Holdings owes $10.5 million of interest on a dollar bond that matures...

The NEVS Emily GT is set to begin production in Saab's former Trollhättan plant.

China Evergrande, the property developer whose woes helped bring about a slump in the country’s vitally important real estate market, has reported its debts rose further to about $340 billion by the end of last year

Evergrande revealed that it lost a combined $81 billion in 2021 and 2022 during China's massive property bust.