[ad_1] Moody’s on Wednesday downgraded its outlook on Hong Kong to negative from stable, a day after cutting China’s credit outlook citing costs to bail out local governments and state…
Tag: property crisis
China police detain some Evergrande wealth management staff
[ad_1] BEIJING: Police in southern China have detained some staff at China Evergrande Group’s wealth management unit, suggesting a new investigation that could add to the property giant’s woes. “Recently,…
‘Deserted ghost town’: Johor Country Garden condo residents concerned that projects are left unfinished amid Chinese developer’s debt crisis
[ad_1] The foundation for block 18 has been constructed, but it remains an eyesore, and breeding ground for mosquitoes, according to residents CNA spoke to. A Singaporean owner in the…