
“Country Garden’s Debt Dilemma Raises Concerns Over Liquidity and Property Sector”
Country Garden Holdings, a prominent Chinese real estate developer, has raised concerns over its ability to meet offshore debt repayments, including those issued in U.S. dollars. The company recently missed a debt repayment of 470 million Hong Kong dollars ($60 million), adding to the growing worries about China’s property sector. This missed payment could potentially … Read more