Once one of the country’s biggest growth drivers, China’s property market has been in a downward spiral for five years with ...
Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan ($383.12 ...
The Shenzhen-based company said in a filing late Monday that it received the loan from Shenzhen Metro Group, which is a state-owned subway operator in one of the biggest cities in China. The loan was ...
China Vanke Co has received a lifeline by state authorities, a rare show of support that signals the developer is too big to ...