Past weeks have seen an onslaught of headlines surrounding the ordeal now faced by China Evergrande Group, once the world’s leading real estate-owning company by total assets, as it grapples with a lack of funds to service its growing debt and deteriorating public confidence.
While the Chinese motto “education changes fate” may have lost its validity among the rural population, for Chinese urban middle class, quality education is still the best possible way to climb the social ladder.
Tmall and real estate service provider E-House announced a strategic cooperation Wednesday, jointly launching an online housing platform called "Tmall Haofang.”
Chinese real estate giant Evergrande Health Industry Group Limited (Evergrande Health) announced on August 3 the prototypes of six new energy vehicle (NEV) models under its Hengchi brand in Shanghai and Guangzhou at the same time, marking a substantial development of the company in the NEV field.
Pinduoduo (PDD), a pioneer of interactive ecommerce in China, brought its signature team purchase and value-for-money approach to real estate