China grappling with economic slowdown, housing crisis

Jul 27, 2022

Beijing [China], July 27 : China is currently grappling with an economic slowdown along with a housing crisis as numerous Chinese citizens are boycotting...

China's real estate industry body to hold meeting amid Evergrande crisis

Oct 12, 2021

Beijing [China], October 13 : As the debt crisis at Evergrande continues to spark concerns in China, the country's top real estate industry body...

World Bank slashes economic outlook for China to 2.8 pc

Sep 29, 2022

Beijing [China], September 29 : The World Bank on Tuesday slashed China's 2022 economic growth projection to 2.8 per cent, pointing to Beijing's "zero-COVID"...

Chinese banks might lose over USD 300 billion

Aug 02, 2022

Beijing [China], August 2 : Chinese banks might lose over USD 300 billion as the country continues to grapple with an economic slowdown and...

Hong Kong court orders liquidation of indebted Chinese company Evergrande

Jan 29, 2024

Evergrande is a real estate developer with more than USD 300 billion in debt, sitting in the middle of the world's biggest housing crisis....

Pakistan: Over 60% of Karachi residents live in informal settlements amid housing shortage

Aug 25, 2026

Karachi is facing a persistent housing crisis, with more than 60 per cent of its population estimated to live in informal neighbourhoods due to...