Property News · August 12, 2023

Country Garden facing ‘biggest challenges since our establishment’, chairwoman says, as debt woes, possible restructuring spur default fears


The challenges cash-strapped Chinese property developer Country Garden Holdings is facing are likely to dampen market confidence and further weigh down gloomy homes sales, analysts said.

Source : South China Morning Post
Read more…Country Garden facing ‘biggest challenges since our establishment’, chairwoman says, as debt woes, possible restructuring spur default fears