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it s the latest sign of the serious problems facing the world s number two economy. katie silver is in singapore and is following the story. i asked her if this is part of a far wider problem in china s real estate market. the people who have been watching the programme for a number of years, this may well feel like deja vu. if, though, country garden collapses, there are fears that this could dwarf the failures that we saw over evergrande back in 2021. indeed, there are fears that this may indeed occur. it is a company that is helmed by china s richest woman and we have heard, for example, moody s just in the last 2a hours downgrading its rating on the company on the back of this news. we hear they are going to be implementing a task force, looking at how they can turn things around. and similar, again, to evergrande, we re hearing that bondholders are not receiving their coupon payments and that they are going to have 30 days extension in order to pay them. but again, it goes back t

Katie silverReal estate marketDeja vuCountry garden groupMoody sCoupon paymentsTask force