China hailed a property developer with $64 billion in revenue as a role model. Now the country’s property crisis threatens to send it into default too – Yahoo Finance

  1. China hailed a property developer with $64 billion in revenue as a role model. Now the country’s property crisis threatens to send it into default too Yahoo Finance
  2. The real-estate empire helmed by one of China’s richest women is weeks away from a $199 billion collapse that could dwarf Evergrande Fortune
  3. Country Garden’s missed dollar bond coupon payments come as a ‘big surprise,’ economist says CNBC International TV
  4. China’s real estate market roiled by default fears again, as Country Garden spooks investors CNBC
  5. Moody’s cuts ratings of Chinese developer Country Garden Reuters
  6. View Full Coverage on Google News

Read original article here

Leave a Comment