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The developer has tried for months to signal that its $300 billion debt problem was under control. But the challenges keep mounting.

Fitch’s announcement spells out a reality already accepted by investors: The company can’t pay its bills and is being restructured under Beijing’s eye.

The creation of a committee with government representation reassured investors fearful about what would happen if the huge property developer collapsed.

Evergrande and Kaisa must come up with hundreds of millions of dollars in days. Beijing sought to reassure markets overall, but signaled it might let...

The country regards children as crucial in its quest for herd immunity, but some parents, worried about the vaccines’ safety, are pushing back.

Shares in Evergrande, a big property developer burdened with huge debt, jumped 18 percent Thursday.

Experts are making increasingly grim predictions about the developer’s ability to hold on without a government bailout, and the consequences of a possible collapse.

The Chinese property giant owes $300 billion and is on the hook for as many as 1.6 million apartments. It may owe tens of thousands...

The real estate developer Evergrande once binged on debt. Now the music has stopped, investors are panicking and experts are warning of an imminent failure.

After months of silence about its future, the corporate giant Huarong Asset Management announced that it would receive financial assistance from a group of state-backed...