Shares in the Chinese property firm Evergrande have fallen as problems in the country’s struggling housing market deepen – affecting the wider economy.
Its mainland unit Hengda Real Estate has defaulted on 4bn yuan (£449m; $547m) of debt, it revealed on Monday.
The BBC’s Analysis Editor Ros Atkins examines the background to the current crisis.
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Abu Dhabi, 15/01/2025 - Il Presidente del Consiglio dei Ministri, Giorgia Meloni, interviene all'Abu Dhabi Sustainability Week. https://www.governo.it/it/articolo/visita-del-presidente-meloni-negli-emirati-arabi-uniti/27486
As Los Angeles faces its most destructive wildfires in history, tens of thousands of buildings have been destroyed, and hundreds…