Country Garden Holdings: Country Garden, whose financial woes have worsened the property sector outlook and spurred a raft of support measures from Beijing, will have a 30-day grace period to pay the coupon before it is considered in default.
BEIJING (Reuters) - The involvement of two Chinese state-owned financial firms in Zhongrong International Trust Co's operations and management may dif.
Firms help to troubled shadow bank does little to address malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.
Troubled Chinese trust firm Zhongrong has lent money to several of the country s struggling property developers, the Financial Times reported on Sunday citing its analysis of legal and company.