Real estate crisis • Table.Briefings

February 3rd, 2026

Real estate: Many companies anticipate losses

In 2025, the downward trend in the Chinese real estate market continued: 49 of China's 65 listed real estate companies posted net losses.

By Redaktion Table

News | Real estate crisis

January 21st, 2026

Vanke: Wobbly property giant granted payment reprieve

The property developer Vanke has been allowed to defer the repayment of a ¥1.1 billion bond coming due shortly. Credit analysts believe that, like other financially strained Chinese property developers, Vanke is pursuing a broader debt restructuring.

By Leonardo Pape

Heads (EN) | Real estate

January 12th, 2026

Yu Liang: Vanke’s longtime helmsman steps aside amid the storm

As early as 2010, the longtime CEO of the struggling real-estate giant Vanke warned of major challenges facing the industry. But even he was unable to prevent the company’s slide into heavy debt. Now, in the midst of a fight for survival, Yu Liang is stepping down.

By Jörn Petring

Vanke-Gebäude in Hangzhou (nicht die Zentrale in Shenzhen)

Feature | Real estate crisis

January 11th, 2026

Debts: Why the next developer could be facing insolvency

Vanke is struggling under a heavy debt load. Upcoming bond maturities are now putting the company under intense pressure. The fate of the group is widely seen as a bellwether for the trajectory of China’s property crisis.

By Jörn Petring

News | Real estate crisis

December 14th, 2025

Construction sector: Another default threatens China’s growth

Chinese property developer Vanke is fueling fresh concerns about the country’s crisis-hit real estate sector. A potential default could trigger renewed turbulence in financial markets.

By Marcel Grzanna

HUAIAN, CHINA - DECEMBER 06: Aerial view of Evergrande Metropolis or Evergrande Mingdu housing complex on December 6, 2021 in Huaian, Jiangsu Province of China. PUBLICATIONxINxGERxSUIxAUTxHUNxONLY Copyright: xVCGx CFP111360592090

Feature

August 25th, 2024

Real estate crisis: Why the lifeline does not work

Beijing provides billions for local state-owned companies to buy up properties and convert them into social housing. But very few are really happy with the plan.

By Jörn Petring

News

June 2nd, 2024

Evergrande subsidiary: How the authorities punish fraudulent bond issues

Evergrande subsidiary Hengda Real Estate is accused of fraudulently issuing bonds and providing false information to the markets. That is why China's authorities have now imposed a heavy fine on the subsidiary and Evergrande founder Hui Ka Yan.

By Redaktion Table

Feature

March 5th, 2024

Premier Li presents a 'business as usual' with hardly any new ideas

Premier Li Qiang made it clear at the start of the People's Congress: Beijing will not launch a comprehensive economic stimulus package despite loud calls. China does not want to increase its debts any further. Subsidies will flow selectively, especially into new technologies.

By Jörn Petring

News Bilder des Tages Bundesaussenminister Annalena Baerbock Vorstellung China-Strategie bei MERICS in Berlin, 13.07.2023. Berlin Germany *** German Foreign Minister Annalena Baerbock Presentation of China Strategy at MERICS in Berlin, 13 07 2023 Berlin Germany Copyright: xLeonxKuegelerx

Feature

January 1st, 2024

The China.Table editorial team's forecasts for 2024

Our editorial team's assessments and predictions for the new year: 2024 could set an important course for China's relationship with the West. Internally, the country needs to restructure its economic policy and the treatment of its youth.

By

Feature

December 5th, 2023

Moody's lowers credit rating due to rising debt

Rating agency Moody’s considers the debt in China too high and the growth too low. While the evaluation does not affect the state's financing capability, it does impact perceptions abroad.

By