real estate crisis

New Business

Exclusive | Heavy equipment maker Sany eyes doubling of overseas revenue after Hong Kong IPO

Sany Heavy Industry, one of China’s largest heavy equipment manufacturers, plans to use the sum of up to US$1.5 billion…

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New Business

Gold, dollars? China’s middle class unsure where to invest amid market chaos

Eric Li, a mid-level manager at a state-owned enterprise in China, recently sold a two-bedroom flat in Tianjin for 2…

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New Business

What’s eating at Guangdong’s greatness? China’s economic champ is taking it on the chin

For years, Lu Liang ran his own advertising firm in the southern Chinese city of Dongguan. But when business failed…

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