Once one of the country’s biggest growth drivers, China’s property market has been in a downward spiral for five years with no signs of abating. Real estate values continue to plummet, households in ...

China is allowing visa-free travel with more countries. Because of this, more international travelers are arriving at ...

China Vanke swung to a net loss in 2024 and warned of intensifying financial pressure ahead as the developer continues to feel the strain of China's years-long property crisis.

China Vanke Co. reported a record 49.5 billion yuan ($6.8 billion) loss for last year, underscoring why the developer’s hometown of Shenzhen has stepped in to take control of operations.