A state-backed property giant, once China's second-biggest developer. In late 2025 it was pleading with its creditors for an extra year to repay a bond falling due. By early 2026 it was teetering on the edge of default, another sign that the country's property slump, which began in 2020, is far from over.
British education is probably the best in the world, if you can survive it. If you can't there is nothing left for you but the diplomatic corps.