China Vanke, one of the nation’s prominent property developers, announced that its Chairman, Yu Liang, and CEO, Zhu Jiusheng, have stepped down as the company projected a record $6.2 billion net loss ...
(Bloomberg) -- Chinese authorities are working on a proposal to help China Vanke Co. plug a funding gap of about 50 billion yuan ($6.8 billion) this year, according to people familiar with the ...