China’s Country Garden proposes debt restructuring
China's Country Garden has submitted preliminary terms of an offshore debt restructuring proposal to some creditors…
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China Evergrande Group
PwC vows investment in China despite record fine
PwC is committed to making "tangible investments" to ensure the Big Four firm maintains a high-quality and…
PwC China faces potential 6-month suspension, hefty fine over Evergrande audit
PricewaterhouseCoopers' (PwC) Chinese mainland operations are facing a potential six-month suspension as punishment…
China’s Kaisa unveils debt restructuring plan
Kaisa Group, a Chinese property developer, took a major step in resolving its offshore debt crisis by reaching an…
Evergrande unit seeks debt details ahead of bankruptcy hearing
China's Evergrande onshore unit requested creditors to provide details about the debt owed to them before the first…
Evergrande unit faces liquidation petition in China
An investor in China has petitioned a court to liquidate a significant unit of the financially troubled property…
China’s Shimao wins temporary reprieve from liquidation
Chinese property developer Shimao Group announced on Wednesday that a Hong Kong court has postponed a liquidation…
China tightens up scrutiny of Big Four audits firms
China's Ministry of Finance is tightening its grip on the Big Four accounting firms (Deloitte, EY, PwC, KPMG) in…
Chinese Shimao receives wind-up petition in H. Kong
Chinese developer Shimao Group received a liquidation petition from China Construction Bank (Asia) against it in…
China’s Country Garden faces liquidation petition
Chinese developer Country Garden is facing a liquidation petition for non-payment of a $205 million loan, which…