Tag: Country Garden
China’s real estate group Country Garden warns of default
Status: 08/31/2023 10:19 am The Chinese real estate group Country Garden has warned of a default on bonds in view of losses in the billions. Concerns about China’s economy are…
China Evergrande files for US bankruptcy protection
Berlin The bankruptcy filing of the heavily indebted Chinese real estate developer China Evergrande has fueled concerns about the state of the world’s second largest economy. The Shanghai stock exchange…