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Country Garden
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Country Garden default talk swirls as offshore debt deadline passes
A Country Garden $15 million coupon payment deadline has expired without word of payment, fuelling expectations that China's biggest private property developer has defaulted on its offshore debt as the nation's real estate woes deepen.
Unpaid workers, silent sites: China's property woes hit Country Garden
At an unfinished Country Garden residential complex on the outskirts of the northern Chinese metropolis of Tianjin, construction has slowed to a dull whirr and a few idle workers roam a near-empty site.
Asia's richest woman loses half her wealth in China property crisis
Asia's wealthiest woman lost more than half her fortune over the past year as China's real estate sector was rocked by a cash crunch, a billionaire index showed Thursday.
July 27, 2022 | 07:44 pm PT