BN Briefing: US-SA Trade Tensions, GNU Expansion Warning, Cyril vs. Gayton, Evergrande's Collapse

BN Briefing: US-SA trade tensions, GNU expansion warning, Cyril vs. Gayton, Evergrande's collapse

DTIC addresses US-SA trade tensions, GNU expansion debate, Cape Town service push, Gayton backlash, Musk-Apple clash, Evergrande delisting.

China's Property Crisis Deepens Amid Escalating Trade Tensions with Trump

China’s property sector faces mounting turmoil as developers grapple with escalating debt and slowing sales, intensifying concerns over the health of the world’s second-largest economy. Meanwhile, former U.S. President Donald Trump ramps up pressure on trade policies, signaling a tougher stance that could further strain Sino-American economic relations. This convergence of domestic financial instability and international trade tensions underscor…

China's property crisis: Evergrande delisting marks new low

The move comes as liquidators revealed the company’s debt load has swelled to $45 billion - far higher than previously disclosed - and declared a comprehensive restructuring “out of reach.”

China’s Property Crisis Hits New Low With Evergrande Delisting

China Evergrande Group’s delisting marks a bleak milestone for the nation’s property sector, now in a fourth year of paralysis that continues to weigh down the world’s second-largest economy. The company, once China’s biggest developer by sales, will be removed from the Hong Kong stock exchange on Aug. 25, a year and a half after the shares were suspended and almost 16 years after the Guangzhou-based firm was listed.