China’s Largest Property Developer Faces New Turbulence
China’s property sector crisis escalated again on Friday as a sharp fall in the shares and bonds of one of the country’s most prominent developers, Country Garden (2007.HK), capped a turbulent week for the long-troubled sector. News that the firm, which has thousands of projects in nearly 300 Chinese cities, had moved to refinance part … Continue reading China’s Largest Property Developer Faces New Turbulence
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