China's property sector shrank further in November, with falls in prices, sales and investment, partly as COVID-19 restrictions hit demand. Watch this video to know more.

World Business Watch: China property slumps further in November

China's property sector crisis has deepened. After reports came that another property giant Shimao had to put all of its projects up for sale and Evergrande attempted another high-profile default.

China: Property giant Shimao had to put all of its projects up for sale

China Evergrande Group has said that it had made initial progress in resuming construction work with its chairman vowing to deliver 39,000 units of properties in December, compared with fewer than 10,000 in each of the previous three months.

China's Evergrande reports progress in work on construction projects

China's Evergrande Group scrambles to meet debt obligations and liabilities within the deadlines already missed in the past. Evergrande groups founder is freeing up assets from luxury arts, high-end homes, and more.

China's Evergrande Group scrambles to meet debt obligations

Evergrande groups offshore bondholders are now concerned that it is now close to defaulting on debt payments and wants more clarity and transparency.

World Business Watch: Evergrande woes hit China property bonds