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Country Garden, China’s Indebted Developer, Meets Payment Deadline
Posted inChina China Evergrande Group Country Garden Credit and Debt Foreign Investments Real Estate and Housing (Residential) Renminbi (Currency)

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.
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Posted by By Daisuke Wakabayashi and Claire Fu
China’s Biggest Homebuilder Fights to Survive as Economic Crisis Deepens
Posted inBuilding (Construction) China Company Reports Country Garden Credit and Debt Economic Conditions and Trends Real Estate and Housing (Residential) Stocks and Bonds

China’s Biggest Homebuilder Fights to Survive as Economic Crisis Deepens

Once considered a survivor of China’s real estate turmoil, Country Garden is now at the center of the crisis and threatens the broader economy.
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Posted by By Daisuke Wakabayashi and Claire Fu
China’s Country Garden Sells Stock to Pay Debts
Posted inChina Country Garden Real Estate and Housing (Residential)

China’s Country Garden Sells Stock to Pay Debts

Country Garden is teetering on the brink of default with $190 billion in debt, in a sign of the country’s rapidly spreading real estate crisis.
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Posted by By Daisuke Wakabayashi
China’s Property Crisis Is Rippling Through the Economy
Posted inChina China Evergrande Group chinese economy Country Garden Foreign Investments Real Estate (Commercial) Real Estate and Housing (Residential) Regulation and Deregulation of Industry Small Business Wages and Salaries

China’s Property Crisis Is Rippling Through the Economy

As a real estate meltdown ripples through the economy, small businesses and workers are owed hundreds of billions of dollars, and new projects have dried up.
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Posted by By Alexandra Stevenson

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