{"id":122613,"date":"2021-10-15T19:15:14","date_gmt":"2021-10-15T12:15:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-crisis-caused-by-poor-management-but-an-exception-in-healthy-property-market-central-bank-says\/"},"modified":"2021-10-15T21:03:05","modified_gmt":"2021-10-15T14:03:05","slug":"china-evergrande-crisis-caused-by-poor-management-but-an-exception-in-healthy-property-market-central-bank-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-crisis-caused-by-poor-management-but-an-exception-in-healthy-property-market-central-bank-says\/","title":{"rendered":"China Evergrande crisis caused by \u2018poor management\u2019, but an exception in healthy property market, central bank says"},"content":{"rendered":"


\nChina\u2019s central bank for the first time on Friday lambasted property giant Evergrande Group for its \u201cpoor management\u201d, while saying the potential spillover effects to the financial system from a collapse of the developer are controllable.The comments from Zhou Lan, head of the financial department at the People\u2019s Bank of China (PBOC), come amid heightened market concern about worsening debt problems in China\u2019s property market, which has for decades been a main engine of growth in the world\u2019s No\u2026
\n
\nSource : South China Morning Post
\nRead more…China Evergrande crisis caused by \u2018poor management\u2019, but an exception in healthy property market, central bank says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China\u2019s central bank for the first time on Friday lambasted property giant Evergrande Group for...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-122613","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vTD","jetpack-related-posts":[{"id":122130,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/default-by-china-evergrande-unlikely-to-spark-malaise-that-threatens-chinas-financial-system-analysts-say\/","url_meta":{"origin":122613,"position":0},"title":"Default by China Evergrande unlikely to spark malaise that threatens China\u2019s financial system, analysts say","date":"September 21, 2021","format":false,"excerpt":"\r A highly anticipated default by China Evergrande Group as soon as this week is unlikely to spark a broader malaise that threatens the overall stability of China\u2019s financial system in the same way the collapse of investment bank Lehman Brothers did during the global financial crisis in 2008, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122609,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-central-bank-says-spillover-from-evergrande-crisis-controllable\/","url_meta":{"origin":122613,"position":1},"title":"China\u2019s central bank says spillover from Evergrande crisis \u2018controllable\u2019","date":"October 15, 2021","format":false,"excerpt":"\r Beijing makes first comments on company as Hong Kong probes PwC audit of indebted developer\r \r Source : ft.com\r Read more...China\u2019s central bank says spillover from Evergrande crisis \u2018controllable\u2019","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-hong-kong-banks-report-third-quarter-results-as-concerns-swirl-over-worlds-most-indebted-developer\/","url_meta":{"origin":122613,"position":2},"title":"Evergrande: Hong Kong banks report third-quarter results as concerns swirl over world\u2019s most indebted developer","date":"October 25, 2021","format":false,"excerpt":"\r Investors will be looking for any warning signs in the mainland lending portfolios of Hong Kong\u2019s banks as they prepare to report their third-quarter results against the backdrop of rising concerns about China Evergrande Group\u2019s debt crisis and its potential effects on China\u2019s property sector.HSBC will be the first\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122720,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-developer-modern-land-china-cancels-us250-million-bond-repayment-plan-on-liquidity-issues\/","url_meta":{"origin":122613,"position":3},"title":"Evergrande crisis: developer Modern Land (China) cancels US$250 million bond repayment plan on liquidity issues","date":"October 21, 2021","format":false,"excerpt":"\r China\u2019s property market has taken another turn for the worse as developer Modern Land (China) has cancelled its plan to repay a portion of a US$250 million junk bond and extend it just days before it was set to mature, joining China Evergrande Group and other peers in a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122351,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-in-china-property-giant-evergrande-suspended-pending-major-transaction\/","url_meta":{"origin":122613,"position":4},"title":"Shares in China property giant Evergrande suspended pending \u2018major transaction\u2019","date":"October 4, 2021","format":false,"excerpt":"\r Trading halt sends markets Asian stocks falling amid speculation the debt-laden group will sell off its property management arm Trading in shares of debt-laden China Evergrande was suspended by the Hong Kong exchange on Monday after the enormous Chinese developer missed a key bond interest payment last week, its\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121561,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-vows-to-unwaveringly-follow-beijings-orders-after-being-summoned-by-regulators\/","url_meta":{"origin":122613,"position":5},"title":"China Evergrande vows to \u2018unwaveringly\u2019 follow Beijing\u2019s orders after being summoned by regulators","date":"August 20, 2021","format":false,"excerpt":"\r China Evergrande, the world\u2019s most indebted developer, has promised to \u201cunwaveringly\u201d follow the central government orders after being summoned by the country\u2019s top financial regulators overnight.Evergrande, China\u2019s biggest home builder, said on Friday morning that it would be \u201cat full stretch and by all means possible\u201d keep operations stable\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122613"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=122613"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122613\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}