China ’s deepening property crisis threatens trouble

H across China have been thrown into panic over the past week. The company building their flats, Country Garden, missed $22.5m in coupon payments on August 6th. Now the firm, one of the world’s largest homebuilders, has until early September to make the payments or follow hundreds of other…#countrygarden #countrygardens #hongkong #sinoocean #michaelchang #beijing #lettingcountrygarden

Source: Reuters: Health - August 16, 2023 Category: Consumer Health News Source Type: news