Tag: Country Garden Holdings
China's largest private property developer, Country Garden Holdings, is close to defaulting on its $11 billion overseas debt but is yet to make a coupon payment to bond investors. This would be the latest in a series of Chinese developers...
Country Garden Holdings, China's largest developer, is facing its biggest crisis in its history as it faces debt repayments and a slowing property market. The company, which has been under the spotlight since July due to liquidity issues, has managed...