InterContinental Shanghai Wonderland, a luxury hotel developed by Shimao and managed by IHG, opened in 2018 and is pictured here on Oct. 11, 2020. Costfoto | Future Publishing | Getty Images BEIJING — One of China’s healthiest real estate developers has reportedly defaulted, a sign of how more pain is […]
Problems
Rep. Madison Cawthorn tweeted Sept. 17 that he has been battling “significant medical complications” due to his accident and asked for prayers. Cawthorn, a Henderson County Republican who represents the 11th congressional district encompassing most of Western North Carolina, was partially paralyzed in a car accident in 2014, and he uses a wheelchair. […]
The China Evergrande Group headquarters in Shenzhen, China. NOEL CELIS/AFP/Getty Images Text size Remember that guy who ran for mayor of New York City by shouting, “The rent is too damn high?” Chinese authorities have taken his lament to heart, setting “reference prices” for secondary apartment sales in half a […]