Tag: Evergrande
German industry hopes for China – recovery there is in danger
Chinese with protective masks in Beijing Observers do not expect the corona restrictions to be really relaxed until autumn at the earliest. (Photo: dpa) Beijing, Dusseldorf Europe’s economy is weakening,…
Evergrande China CEO and CFO resign following investigation
Evergrande Investors have long feared that the Chinese construction giant’s cash flow problems could lead to its collapse. (Photo: Bloomberg) Bengaluru The chief executive and chief financial officer of China…
Real estate buyers are on strike, politicians are alarmed
Mortgage strike worsens real estate crisis More and more homebuyers in China are refusing to pay their mortgages until their homes are completed. (Photo: Bloomberg) Beijing The real estate buyer’s…
How Sono Motors plans series production
Munich The solar cells extend over the entire car – over the roof, the door, the tailgate and the fender. Sono Motors installed a total of 456 half-cells in the…
Economic check of India: innovative, growing, politically ambivalent?
Dusseldorf India is becoming more and more interesting for many investors worldwide. Measured by nominal GDP, India is the fifth largest economy in the world and, alongside China, is considered…
Deadline for $2 billion bond ends Friday
Unfinished Evergrande houses Beijing For the heavily indebted Chinese real estate group Evergrande, a crucial deadline ends on Friday: the 30-day grace period for the repayment of an offshore bond…
China’s central bank is not touching interest rates
China’s central bank The Chinese economy had surprisingly strong growth of 4.8 percent in the first quarter. (Photo: dpa) Beijing Despite clear indications of an economic slowdown due to the…
China’s real estate market is not coming out of the crisis
Beijing China’s real estate market is on the move: On Friday, the National Bureau of Statistics reported that average new home prices in China’s 70 largest cities rose just 1.5…
China’s real estate market is not coming out of the crisis
Beijing China’s real estate market is on the move: On Friday, the National Bureau of Statistics reported that average new home prices in China’s 70 largest cities rose just 1.5…
China’s real estate market is not coming out of the crisis
Beijing China’s real estate market is on the move: On Friday, the National Bureau of Statistics reported that average new home prices in China’s 70 largest cities rose just 1.5…
Evergrande cannot present the 2021 annual result in time
Logo Evergrande The real estate company is heavily indebted. (Photo: Bloomberg) Beijing The highly indebted real estate group Evergrande cannot present its annual financial statements for 2021 by March 31…
Real estate group: Evergrande shares suspended from trading
Evergrande Concerns that the real estate company might go bankrupt worried the financial markets last year. (Photo: Reuters) The shares of Chinese real estate developer Evergrande and two of its…
China’s real estate industry is not coming out of the crisis
Residential houses of Evergrande The crisis affecting many real estate groups is already having far-reaching effects on China’s economy. (Photo: Bloomberg) Beijing Yu Liang chose dramatic words to describe Vanke’s…
China’s real estate industry is not coming out of the crisis
Residential houses of Evergrande The crisis affecting many real estate groups is already having far-reaching effects on China’s economy. (Photo: Bloomberg) Beijing Yu Liang chose dramatic words to describe Vanke’s…
China’s real estate industry is not coming out of the crisis
Residential houses of Evergrande The crisis affecting many real estate groups is already having far-reaching effects on China’s economy. (Photo: Bloomberg) Beijing Yu Liang chose dramatic words to describe the…
China’s real estate industry is not coming out of the crisis
Residential houses of Evergrande The crisis affecting many real estate groups is already having far-reaching effects on China’s economy. (Photo: Bloomberg) Beijing Yu Liang chose dramatic words to describe the…
Will China be the first domino?
The author Marcel Fratzscher is President of the German Institute for Economic Research and Professor of Macroeconomics at Berlin’s Humboldt University. (Photo: imago images/teutopress) Rarely has the economic future been…
Will China be the first domino?
The author Marcel Fratzscher is President of the German Institute for Economic Research and Professor of Macroeconomics at the Humboldt University in Berlin. (Photo: imago images/teutopress) Rarely has the economic…
The risks for the Dax companies are increasing
Port of Shanghai Because more and more deliveries from China are missing, there is a lack of preliminary products and consumer goods worldwide. (Photo: imago images/VCG) Dusseldorf With an estimated…
“Companies are fully booked for 2022”
Munich The German machine builders started the new year with a lot of momentum. “Many manufacturers are already fully booked for the whole of 2022,” said Karl Haeusgen, President of…