China, Pakistan to expedite Main Line 1 railway, but no deal yet

Chinese President Xi Jinping and Pakistani Prime Minister Shehbaz Sharif agreed this week during talks in Beijing to push for the “earliest implementation” of the multi-billion-dollar Main Line 1 railway (ML-1) The post China, Pakistan to expedite Main Line 1 railway, but no deal yet appeared first on Global Construction Review.

CNBC - Chinese property giant Evergrande has a huge debt problem – here's why you should care

Chinese real estate developer Evergrande faced its biggest crisis yet in September 2021, spooking markets and prompting comparisons to the collapse of U.S. investment bank Lehman Brothers in 2008. Since the company’s founding in 1996 it has accumulated more than $300 billion in debt, making it the world’s most indebted developer. “As Evergrande teeters on the edge of default, the collapse would have grave consequences for hundreds of thousands of property buyers and retail customers”

Asia Society - China's Evergrande; What are the implications, 06102021

Following introductory remarks from Asia Society President Kevin Rudd, Senior Partner of Cornell Capital Henry Cornell joins Rudd and Asia Society Policy Institute Vice President Wendy Cutler for a discussion about Evergrande, a Chinese property giant whose financial problems may have implications for the global economy