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August 14, 2026
 

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EVERGRANDE

Apartments built during a Soviet Union-inspired construction drive in the 1970s and 1980s tend to suffer from poor insulation and outdated plumbing, but they are seeing a revival in interest due to their attractive locations.
BUSINESS / Markets
Jul 9, 2026
China¡¯s demand for Soviet-style apartments shows limits to revival
Buyers in major cities are putting their money into flats that were largely built in the 1970s and 1980s, overlooking their flaws because of their attractive locations.
A worker drives past residential buildings under construction by Chinese real estate developer Vanke in Hangzhou, in eastern China's Zhejiang province. The indebted Chinese property developer warned on Monday that it incurred major losses in 2024, a filing at the Hong Kong Stock Exchange showed.
BUSINESS / Companies
Jan 28, 2025
Rare China support shows Vanke may be too big to fail
The unusual support shows that Vanke holds a special place within China¡¯s moribund property sector.
As China struggles with a slumping stock market and a collapsing real estate sector, commentary and even financial analysis Beijing deems negative are blocked.
BUSINESS
Jan 31, 2024
China¡¯s censorship dragnet targets critics of the economy
The government¡¯s new information campaign about the economy is wider than usual censorship, with efforts now extending to mainstream commentary.
Evergrande, the world's most indebted developer with more than $300 billion of total liabilities, sent a struggling property sector into a tailspin when it defaulted on its debt in 2021.
BUSINESS / Companies
Jan 29, 2024
Embattled China Evergrande ordered to liquidate by Hong Kong court
A liquidation ruling of the developer which has $240 billion of assets will likely jolt already fragile Chinese capital and property markets.
Evergrande has become a poster child for China¡¯s property crisis since the builder defaulted two years ago. It reported a combined loss of $81 billion in 2021 and 2022.
BUSINESS / Companies
Dec 4, 2023
Evergrande winding-up hearing in Hong Kong adjourned again
The world¡¯s most-indebted property developer now has eight weeks to convince offshore bondholders to agree on a restructuring.
China Evergrande Group Chairman Hui Ka Yan
BUSINESS / Companies
Sep 27, 2023
Evergrande¡¯s billionaire chairman Hui under police surveillance
Hui was taken away by Chinese police earlier this month and is being monitored at a designated location. It¡¯s not clear why he is under surveillance.
China Evergrande has sought protection under Chapter 15 of the U.S. bankruptcy code, which shields non-U.S. companies undergoing restructurings from creditors that hope to sue them or tie up assets in the United States.
BUSINESS / Companies
Aug 18, 2023
China Evergrande files for protection in U.S. bankruptcy court
The company sought protection under Chapter 15 of the U.S. bankruptcy code, which shields non-U.S. companies that are undergoing restructuring.
Japan Times
ASIA PACIFIC
Aug 3, 2022
Sweeping mortgage boycott changes the face of dissent in China
While real estate has been the most common cause of protests in recent years, a coordinated boycott of this scale has never happened before in China.
Japan Times
BUSINESS
Aug 1, 2022
China Evergrande falls short of promised restructuring plan
Adding to setbacks, the company said in a filing Sunday that one of its units will need to sell shares of a bank in northeastern China, after losing an arbitration ruling.
Japan Times
COMMENTARY / World
Jul 28, 2022
Property crisis traps China into a market paradox
The effort to halt the spread of mortgage boycotts risks fueling the behavior officials are trying to prevent.
Japan Times
BUSINESS
Feb 1, 2022
Dashed dreams for China Evergrande¡¯s showpiece resort island
Officials in Danzhou city have ordered 39 of Ocean Flower Island¡¯s towers to be demolished over environmental and construction violations.
Japan Times
BUSINESS
Dec 13, 2021
What could possibly go wrong? These are the biggest economic risks for 2022
Governments spent heavily to support workers and businesses in the pandemic. Many now want to tighten their belts.
Japan Times
BUSINESS / FOCUS
Dec 13, 2021
Abandoned projects shatter confidence in China¡¯s home market
Across China, scores of unfinished apartment buildings ¡ª the legacy of a real estate boom gone awry in 2021 ¡ª are derailing countless dreams of owning a home.
Japan Times
BUSINESS
Dec 10, 2021
China Evergrande defaults on its debt. Now what?
A ratings agency¡¯s declaration confirmed what investors had already suspected, but they now must wait on a restructuring plan overseen by the firm hand of Beijing.
Japan Times
BUSINESS
Dec 8, 2021
Evergrande restructuring puts onus on China¡¯s Xi to limit contagion
For now, Chinese authorities plan to ring-fence Evergrande and limit contagion rather than orchestrate a rescue as they¡¯ve done during past crises.
Japan Times
BUSINESS
Dec 7, 2021
Evergrande¡¯s debt deadline passes as Kaisa adds to China¡¯s property crisis
With $300 billion of liabilities, Evergrande is at the heart of a property crisis in China that has crushed almost a dozen smaller firms.
Japan Times
BUSINESS
Dec 6, 2021
After months of turmoil, restructuring of Evergrande debt looks imminent
The real-estate giant¡¯s situation poses a fresh test for Xi Jinping¡¯s government as it tries to rein in the country¡¯s financial excesses without derailing economic growth.
Japan Times
BUSINESS
Dec 3, 2021
Evergrande tycoon¡¯s new banker is the ¡®queen of shell companies¡¯
China Evergrande Group billionaire Hui Ka Yan has turned to Pollyanna Chu, known for her connections to Hong Kong¡¯s tycoons, to help avert the collapse of his business empire.
Japan Times
BUSINESS
Nov 22, 2021
China property moguls use billions of their own cash on rescues
The move stands in contrast with counterparts overseas, where the concept of limited liability generally protects personal wealth from creditors¡¯ claims.
Japan Times
BUSINESS
Nov 17, 2021
One of Asia¡¯s oldest hedge funds still bullish on distressed China debt
Hong Kong-based LIM Advisors has been buying distressed bonds in Chinese property developers even as the fallout from China Evergrande Group deepens.
Forty-five meters down, a diver races to record a fleeting moment of WWII history
Kingo Wakasa photographs the kamikaze plane wing section he discovered at the USS Emmons wreck site.
New ¡®Katsu Curry Index¡¯ aims to show how weak the yen really is
A CoCo Ichibanya curry house in Tokyo.
Mexican man arrested over attempt to smuggle some 200 lizards into Japan
Mexican alligator lizards seized by Tokyo Customs from a Mexican man who attempted to smuggle them into Japan on Saturday through Haneda Airport
Gut bacteria may be behind many of Â鶹´«Ã½ colorectal cancer cases
A Japanese research team found that a toxin produced by certain E. coli strains, colibactin, caused genetic mutations in nearly half of colorectal cancer cases studied
She is Russia¡¯s richest woman. Her business empire is going up in flames.
Tatyana Kim, the head and co-founder of Wildberries, speaks about Ukrainian drone attacks on the company's warehouses in the course of the Russia-Ukraine conflict, at an unidentified location, in this still image from a handout video released on July 31.
Forty-five meters down, a diver races to record a fleeting moment of WWII history
Kingo Wakasa photographs the kamikaze plane wing section he discovered at the USS Emmons wreck site.
Ikarigata closer to emulating older brother Fujinokawa than many think
The future Fujinokawa (third from left) and Ikarigata (right) compete against each other at ages 5 and 3, respectively.
Where do foreign residents in Japan want to die?
The Yokohama Foreign General Cemetery is one of the few cemeteries in Japan that allows burials, albeit with conditions for the deceased, including foreign nationality and permanent residency in Kanagawa Prefecture.
¡®Total whiplash¡¯: Foreign residents react to Â鶹´«Ã½ changing permanent residency rules
The entrance to the Tokyo Immigration Bureau in Minato Ward, Tokyo, in March. For some foreign residents of Japan, tightening measures for permanent residency have become one factor in a broader calculation over whether remaining in the country makes financial sense over the long term.
As Â鶹´«Ã½ concrete jungles sizzle, urban forestry offers an all-natural fix
People and birds find relief from the sun in Tokyo's Nakano Ward earlier this month. While experts agree that urban greening is crucial to mitigating the impact of climate change, trees are becoming even more scarce in Japanese cities.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo¡¯s Shinjuku Ward.
Kabukicho: Tokyo¡¯s ¡®stadium of desire¡¯

Longform

Disaster relief workers Taichi Kato (left) and Seiji Yoshimura enter the collapsed living quarters at Kyuganji temple in Yatsushiro, Kumamoto Prefecture.
What Kumamoto revealed about Â鶹´«Ã½ earthquake readiness
By Alex K.T. Martin

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