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Beijing’s new ‘game-changer’ support for real estate sector throws a lifeline to country’s biggest developer
Beijing has accelerated measures in an attempt to shore up confidence in the real estate sector
Lenders will bear the brunt of the fallout — they are already suffering
Plight highlights ‘humongous moral hazard’ for Beijing from cash-strapped developers
Shares in developers climb after report that Beijing may order support for struggling sector
Chinese property group’s capital raise is the latest sign of liquidity problems in the sector
Country Garden’s $100bn offshore development still slowed by pandemic headwinds
Rapid accumulation of mortgage debt raises questions over risk concentration
Group scouts Bangkok, Pattaya and Phuket sites despite Beijing overseas investment clampdown
Prices appear to have stabilised, but not across the board
International Edition