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China: Country Garden: China's under-pressure property giant

China s leading property developer Country Garden is facing a potential bankruptcy. After missing bond payments and warning of multibillion-dollar losses, concerns are growing that Country Garden could follow in the footsteps of its competitor, Evergrande. The share price has reportedly plummeted by over 16% in Hong Kong, and its billionaire CEO Yang Huiyan feels their company is facing difficulties. ....

Country Garden , Hong Kong , Yang Huiyan , Once Asia , Might Also Like , Chinese Cities ,