{"id":139808,"date":"2023-10-10T11:34:16","date_gmt":"2023-10-10T04:34:16","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-misses-a-bond-payment-signals-possible-default-on-part-of-us180-billion-liabilities-as-chinas-housing-slump-persists\/"},"modified":"2023-10-10T11:36:43","modified_gmt":"2023-10-10T04:36:43","slug":"country-garden-misses-a-bond-payment-signals-possible-default-on-part-of-us180-billion-liabilities-as-chinas-housing-slump-persists","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-misses-a-bond-payment-signals-possible-default-on-part-of-us180-billion-liabilities-as-chinas-housing-slump-persists\/","title":{"rendered":"Country Garden misses a bond payment, signals possible default on part of US$180 billion liabilities as China\u2019s housing slump persists"},"content":{"rendered":"


\nChinese developer Country Garden is stumbling toward a full-blown debt reorganisation with creditors after missing a bond payment and warning of possible default on its offshore borrowings.
\n
\nSource : South China Morning Post
\nRead more…Country Garden misses a bond payment, signals possible default on part of US0 billion liabilities as China\u2019s housing slump persists<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese developer Country Garden is stumbling toward a full-blown debt reorganisation with creditors after missing...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-139808","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-AmY","jetpack-related-posts":[{"id":139188,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-ocean-freezes-payments-on-us4-billion-bonds-other-offshore-debt-to-pursue-restructuring-as-chinas-housing-slump-persists\/","url_meta":{"origin":139808,"position":0},"title":"Sino-Ocean freezes payments on US$4 billion bonds, other offshore debt to pursue restructuring as China\u2019s housing slump persists","date":"September 15, 2023","format":false,"excerpt":"\r State-linked developer Sino-Ocean will stop servicing its offshore debt, including almost US$4 billion of bonds, to pursue a debt restructuring. This signals China\u2019s housing market is far from reversing a three-year slump.\r \r Source : South China Morning Post\r Read more...Sino-Ocean freezes payments on US billion bonds, other offshore\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126813,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jinke-property-seeks-payment-extension-on-1-24-billion-yuan-of-onshore-bond-to-avert-default\/","url_meta":{"origin":139808,"position":1},"title":"Jinke Property seeks payment extension on 1.24 billion yuan of onshore bond to avert default","date":"May 24, 2022","format":false,"excerpt":"\r Jinke Property Group seeks for a bond payment extension as company still struggles despite Beijing\u2019s policy easing to buoy the real estate market.\r \r Source : South China Morning Post\r Read more...Jinke Property seeks payment extension on 1.24 billion yuan of onshore bond to avert default","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167333,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vankes-bondholders-reject-extension-plan-on-2-billion-yuan-of-bonds-raising-default-risk\/","url_meta":{"origin":139808,"position":2},"title":"Vanke\u2019s bondholders reject extension plan on 2 billion yuan of bonds, raising default risk","date":"December 14, 2025","format":false,"excerpt":"\r China Vanke failed to secure bondholder approval to extend by one year a bond payment due on Monday, a filing showed, increasing the risk of default for the developer and renewing concerns about the crisis-hit property sector. The setback for state-backed Vanke, one of China\u2019s highest-profile developers with projects\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125764,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-firms-bond-issuances-fell-sharply-in-first-quarter-beikes-research-unit-says\/","url_meta":{"origin":139808,"position":3},"title":"Chinese property firms\u2019 bond issuances fell sharply in first quarter, Beike\u2019s research unit says","date":"April 8, 2022","format":false,"excerpt":"\r Bond issuances by Chinese property developers shrank sharply in the first quarter of 2022. Major developers issued offshore bonds worth only 35.5 billion yuan (US$5.6 billion) in the first three months of the year, which translates into a year-on-year decline of 68 per cent, said BRI, the research arm\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99212,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-wuzhou-international-misses-us204-million-in-bond-payments\/","url_meta":{"origin":139808,"position":4},"title":"China\u2019s Wuzhou International misses US$204 million in bond payments","date":"October 5, 2018","format":false,"excerpt":"\r Troubled mainland Chinese developer Wuzhou International Holdings said it had missed 1.4 billion yuan (US$204 million) in bonds payments and was also facing claims for at least 756 million yuan, adding to a string of earlier defaults and financial woes. The company\u2019s revelation comes amid the rising the number\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124673,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-housing-market-gets-lifelines-as-cities-lenders-ease-down-payment-and-financing-to-arrest-slump\/","url_meta":{"origin":139808,"position":5},"title":"China\u2019s housing market gets lifelines as cities, lenders ease down payment and financing to arrest slump","date":"February 23, 2022","format":false,"excerpt":"\r More mainland Chinese cities are taking steps to shore up the property market as local governments and lenders eased the requirements on down payments and mortgage financing to arrest the worst slump in home sales in a decade.In Heze, a city in northern Shandong province, four major banks have\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139808"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=139808"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139808\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}