Evergrande stocks have tanked 27% this week, suggesting the worst is far from over for China's property sector

Tech Insider
Aerial photo taken on August 29, 2023, 2019 shows the Evergrande Yuelongtai residential complex in Longgang District, Nanning City, Guangxi Zhuang Autonomous region.
China's property market is mired in a crisis.

Costfoto/NurPhoto/Getty Images

A former Chinese official is telling property developers to 'transform' their businesses as there are more than enough empty homes to house all of China

Tech Insider : Economy
Local residents look at a model of a Poly Real Estate Group housing project at a real estate showroom on May 25, 2023 in Sanya, Hainan Province of China.
A real-estate showroom in China.

VCG/Getty Images

Thousands of fish died after the sea in Thailand turned green

Tech Insider

The sea in eastern Thailand has been affected by a plankton bloom that has resulted in massive wildlife deaths.

Chinese property giant Country Garden pays its dollar bond interest within grace period, narrowly averting a default

Tech Insider : Economy, Economy
The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai
Chinese property giant Country Garden pays its dollar bond interest within grace period, narrowly averting a default.

Aly Song/Reuters

The Chinese property market may look like it's imploding. But one expert doesn't think it'll cause a financial crisis — and there may even be a bright spot.

Tech Insider : Economy
Aerial photo taken on August 29, 2023, 2019 shows the Evergrande Yuelongtai residential complex in Longgang District, Nanning City, Guangxi Zhuang Autonomous region.
China's property market is in a crisis.

Costfoto/NurPhoto/Getty Images

China's $10 trillion hidden debt mountain could be the 'ticking time bomb' that Joe Biden warned of

Tech Insider
Chinese surveillance camera
The Chinese national flag flies behind security cameras on Tiananmen Square on June 4, 2012 on the 23rd anniversary of China's crackdown of democracy protests in Beijing.

ED JONES/AFP via Getty Images

China Evergrande, the world's most heavily indebted property developer, just filed for Chapter 15 bankruptcy protection

Tech Insider : Economy
Evergrande
The logo of Evergrande Real Estate on a crane in Hangzhou, east China's Zhejiang Province.

Long Wei/Costfoto/Barcroft Media via Getty Images

Angry investors protested outside a Chinese shadow bank that missed payments. The rare public show of dissent point to serious trouble in China amid debt and housing distress.

Tech Insider : Economy
A residential building of Country Garden in Fuyang City, East China's Anhui Province.
A debt and property crisis is brewing in China, the world's second-largest economy.

Costfoto/NurPhoto/Getty Images

A key Chinese shadow bank has missed payments on dozens of investments, and it shows just how bad things are in the world's second-largest economy

Tech Insider : Economy
Chinese real estate
China is mired in a real-estate crisis.

China Photos/Getty Images

Country Garden, one of China's real-estate behemoths, could look at restructuring its debt after missing key interest payments this week: JPMorgan

Tech Insider : Economy
The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai
Chinese developer Country Garden missed bond coupon payments on Monday, igniting concerns about its liquidity.

Aly Song/Reuters

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