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    Thomas Hale

    Shanghai correspondent

    Email Thomas Hale @tomhale_  on Twitter (link opens in a new browser window)

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    • Friday, 1 December, 2023
      Evergrande Real Estate Group
      Restructure or liquidate? Deadline looms for China’s Evergrande

      Heavily indebted developer must come up with a plan before crucial court hearing on Monday

      A person rides a scooter past an Evergrande construction site
    • Tuesday, 28 November, 2023
      Chinese society
      The human cost of China’s property crisis

      One of the world’s biggest real estate collapses has hurt buyers, households and families across the country

      Skylines of Chinese cities
    • Wednesday, 15 November, 2023
      Chinese economy
      China’s economy boosted by stronger retail sales and industrial activity

      Property sector and fixed-asset investment disappoint as data release points to mixed picture for recovery

      A driver delivers packages ahead of Singles Day in Beijing
    • Tuesday, 7 November, 2023
      News in-depthChinese business & finance
      Western businesses flock back to Shanghai trade fair despite tensions

      Growth hopes draw companies to China in face of economic worries and geopolitical concerns

      US ambassador Nicholas Burns and other officials at a ribbon-cutting ceremony at the China International Import Expo in Shanghai, China on November 6 2023
    • Wednesday, 1 November, 2023
      Kweichow Moutai Co Ltd
      Moutai shares jump after Chinese liquor maker raises prices

      First increase in six years set to boost profits of world’s most valuable spirits producer

      Chinese men toast each other with Moutai
    • Tuesday, 31 October, 2023
      Chinese economy
      China’s factory activity contracts in blow to economic momentum

      Stronger growth figures for third quarter had buoyed hopes that recovery was turning a corner

      A worker welding metal at a factory in Hangzhou in China’s eastern Zhejiang province
    • Sunday, 29 October, 2023
      Property sector
      Property developer Evergrande faces winding-up petition in Hong Kong

      Case could impact restructuring efforts for indebted Chinese real estate company

      Apartment blocks at the Evergrande Palace project in Beijing
    • Sunday, 29 October, 2023
      News in-depthChinese economy
      China suffers plunging foreign direct investment amid geopolitical tensions

      Financial Times analysis shows FDI tumbled 34% in September after recording double-digit falls every month since May

      Chinese flag and renminbi
    • Monday, 23 October, 2023
      Chinese business & finance
      How China’s property crisis has unfolded, from Evergrande to Country Garden

      Thousands of unfinished homes and a swath of debt restructurings show the turmoil among developers

      A residential complex built by Chinese property developer Country Garden is seen in Nanjing, China
    • Thursday, 19 October, 2023
      Country Garden Holdings Co Ltd
      Chinese developer Country Garden misses payment on dollar bond, say creditors

      Heavily indebted company becomes latest casualty of China’s property crisis

      Buildings by developer Country Garden in Zhenjiang, eastern China
    • Tuesday, 10 October, 2023
      Country Garden Holdings Co Ltd
      China’s largest private developer Country Garden warns of default

      Company has about $200bn in liabilities and close to $10bn in dollar-denominated debt

      A Country Garden development in Zhenjiang
    • Monday, 9 October, 2023
      Evergrande Real Estate Group
      Advisers to Evergrande creditors warn of potential liquidation

      Bondholder group criticises Chinese developer’s ‘botched’ efforts to win regulatory approval for restructuring

    • Thursday, 5 October, 2023
      Sunac China Holdings
      Chinese developer Sunac makes debt restructuring breakthrough

      Court approval of $10bn plan agreed with creditors brings some relief to country’s crisis-hit property sector

      A person passes in front of an unfinished building
    • Wednesday, 4 October, 2023
      FT News Briefing podcast10 min listen
      McCarthy ousted as US House Speaker

      India has told Canada to withdraw dozens of diplomats from the country

    • Monday, 2 October, 2023
      Chinese business & finance
      German manufacturers resist trade tensions in China’s Mittelstand enclave

      A cluster of companies in a city near Shanghai faces rising competition and slowing Chinese growth

      Row of buildings with red-tiled roofs in Taicang
    • Friday, 29 September, 2023
      Evergrande Real Estate Group
      ‘Crimes’ probe into Evergrande founder adds to pressure over $300bn debt woes

      Company embodies excesses of China’s property boom and its unravelling

      Hui Ka Yan
    • Thursday, 28 September, 2023
      Evergrande Real Estate Group
      Evergrande chair put under ‘mandatory measures’ on suspicion of crimes

      Action against Hui Ka Yan adds to pressure on Chinese property developer as restructuring efforts falter

      A housing complex built by Chinese property developer Evergrande in Wuhan
    • Monday, 25 September, 2023
      Evergrande Real Estate Group
      Chinese government probe casts new doubt over Evergrande restructuring

      World’s most indebted developer says it cannot issue new debt because its mainland business is ‘being investigated’

      A woman talks into her phone outside an Evergrande housing complex in Beijing
    • Saturday, 23 September, 2023
      EU-China relations
      EU trade chief warns of ‘new areas of concern’ in China relationship

      Valdis Dombrovskis demands greater access for European companies in Financial Times interview

      Valdis Dombrovskis speaking at a lecturn against a blue background with ‘Bund Summit 2023’ written on it in white capitals
    • Sunday, 17 September, 2023
      Chinese business & finance
      Chinese shadow bank exposed to troubled property developers

      Doubts over health of Zhongrong have added to broader concerns about China’s economy

      The exterior of Zhongrong’s offices in Beijing
    • Friday, 15 September, 2023
      Chinese economy
      Chinese economic activity data signals optimism after stimulus measures

      Retail sales and industrial production beat August forecasts but home prices continue to slide

      A worker operates machines at a textile factory in China’s eastern Jiangsu province
    • Thursday, 31 August, 2023
      Chinese economy
      China’s manufacturing activity shrinks in August

      Data adds pressure on policymakers to take action to restore growth in world’s second-biggest economy

      A worker measures equipment at a turbine company in Harbin, China
    • Thursday, 31 August, 2023
      Country Garden Holdings Co Ltd
      Country Garden posts $7bn loss as China’s property crisis deepens

      Real estate developer battles to survive as situation show signs of spilling over into investment industry

      Country Garden’s headquarters in Foshan, China
    • Wednesday, 30 August, 2023
      UK foreign policy
      Cleverly seeks to repair British relations with China

      UK foreign secretary stresses need for improved dialogue while highlighting differences

      British Foreign Secretary James Cleverly and Chinese Foreign Minister Wang Yi shake hands
    • Tuesday, 29 August, 2023
      UK foreign policy
      UK foreign secretary hits back at Tory critics of China policy

      James Cleverly says a failure to engage with Beijing and seek investment would be a sign of ‘weakness’

      UK foreign secretary James Cleverly
    Previous page You are on page 1 Next page

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