The company has about $300 billion in total liabilities, and analysts have worried for months about whether a collapse could trigger a wider crisis in China's property market.

New home prices in 100 cities of China fell 0.02% in December from a month earlier, narrowing from the 0.04% drop in November.

The project has a total budget including VAT of € 186,000.

Madonna purchased the property for $4.9 million in 1992 and owned it until 2000.

As it faces increasing costs in transport and raw materials.

Τα λειτουργούν δύο από τους μεγαλύτερους παρόχους υγειονομικής περίθαλψης στην χώρα

The aim is to turn the historic building into a standard bioclimatic office and commercial building.