Kevin Rudd: Xi Jinping’s Evergrande dilemma has repercussions far beyond China

OPINION: Since coming to power, Chinese president Xi Jinping has had to deal with three overriding priorities. First, a domestic economy that is both slowing and increasingly unequal. Second, an adversarial geopolitical environment, resulting largely from Xi’s own quest to change the regional and global status quo. And, finally and

China's property sector stalked by Evergrande default fears

HONG KONG (Reuters) -Debt-saddled Chinese property firms took heavy fire in bond markets on Tuesday, after the poster child of the sector’s woes, Evergrande Group, missed its third round of bond payments in as many weeks and others warned of defaults. A wave of developers face payment deadlines before the

HSBC, StanChart may face secondary shockwaves from Evergrande crisis -analysts

LONDON (Reuters) – HSBC and Standard Chartered could face spillover damage to their profits and balance sheets from the debt crisis enveloping China Evergrande Group even though the two banks say they have limited their direct exposure, analysts have warned.FILE PHOTO: Chinese flags are seen near the logo of the