Embattled Chinese property developer Country Garden at risk of default

Embattled Chinese property developer Country Garden at risk of default

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China’s largest property developer, Country Garden, warned that it is on the brink of default as it reported a staggering loss of almost $7 billion for the first half of the year, deepening a real estate crisis that threatens to unravel the country’s already fragile economy. Are you on Telegram?…

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