Property News · August 30, 2023

Country Garden reports US$7.12 billion loss, first slip into the red since listing in 2007 as China’s property problems mount


Country Garden posts huge loss as developer teeters on the edge of default, underscoring the financial strains in the country’s property sector.

Source : South China Morning Post
Read more…Country Garden reports US.12 billion loss, first slip into the red since listing in 2007 as China’s property problems mount

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