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Real estate bubble: How Country Garden saves itself from its creditors

The overheated real estate market, which accounts for a quarter of China's gross domestic product, has been in crisis for years. Now the highly indebted real estate developer Country Garden has managed to make important interest payments after all – albeit late.

Von Felix Lee

Opinion

Confucius Institutes are our training ground for China competence

China competencies need to be trained and tested. The Confucius Institutes at German universities can assume this function, says sinologist and former managing director of the Confucius Institute in Leipzig. And a lot is possible there.

Von Redaktion Table

byd
News

Why BYD is planning a second plant in Europe

The Chinese EV manufacturer BYD plans to build a second assembly plant in Europe. At least that is what BYD Europe head Michael Shu announced. BYD apparently wants to circumvent the EU's planned punitive tariffs on Chinese EV imports.

Von Felix Lee

News

Immobilienblase: So rettet sich Country Garden vor seinen Gläubigern

Der überhitzte Immobilienmarkt, der für ein Viertel des chinesischen Bruttoinlandsprodukts steht, ist seit Jahren in der Krise. Nun kann der hoch verschuldete Immobilienentwickler Country Garden wichtige Zinszahlungen doch leisten – wenn auch verspätet.

Von Felix Lee