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China property: Country Garden auctioning US$530 million worth of assets in Guangzhou to overcome cash crunch, defaults


The Foshan-based developer has listed five properties for sale in Guangdong’s provincial capital as it seeks to raise cash to repay debt due in the next six months.

Source : South China Morning Post
Read more…China property: Country Garden auctioning US0 million worth of assets in Guangzhou to overcome cash crunch, defaults

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