Tag Kaisa

photo of skyscrapers surrounded with clouds

Why China’s Real Estate Market Matters After All

When China stumbles, the world falters, as everyone has noticed since the beginning of the COVID pandemic. Supply chains were interrupted and important medicines and hospital equipment could not be delivered. It rules through the complete world the big chaos.…

silhouette of crane near high rise buildings during sunset

Evergrande Now “Restricted Default”

Now it’s happened, the Chinese construction giant Evergrande has now declared a default. The rating agency Fitch Ratings has now classified the giant as “restricted default” and ends months of rumors about the construction companies in China. YTD, the stock,…

crane and modern building in city district

Defaults in China Continue

So now it’s happened, construction giant Evergrande failed to meet an expired payment deadline on Tuesday. The failure to pay for some U.S. dollar bonds raises the risk of a massive default by the giant. Meanwhile, the next construction company…

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