Property News · March 9, 2017

Country Garden suspends China sales of flagship Malaysian housing project


Chinese developer Country Garden has closed all mainland China sales centres for its flagship Malaysian housing project amid Beijing’s intensified crackdown on capital flight.
On Thursday the South China Morning Post visited the project’s biggest Shanghai showroom on Tianshan Road, which only opened last October. The gate was locked and the showroom empty.
A notice on the glass door said “under renovation” but no renovation activities could be seen inside.
The huge…

Source : South China Morning Post
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