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Country Garden, China’s Indebted Developer, Meets Payment Deadline

The embattled Chinese property giant is said to have avoided default by meeting a deadline to pay interest on small loans. But it must repay billions within the next year.

Daisuke Wakabayashi
Author: Daisuke Wakabayashi

Written by

Daisuke Wakabayashi and Claire Fu

in

China, China Evergrande Group, Country Garden, Credit and Debt, Foreign Investments, Real Estate and Housing (Residential), Renminbi (Currency)
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