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TexasTowelie

(116,554 posts)
Wed Feb 28, 2024, 04:51 AM Feb 2024

China property crisis: Country Garden woes deepen - Reuters



Chinese developer Country Garden said a liquidation petition has been filed against it for the non-payment of a $205 million loan, clouding its debt revamp prospects and undermining Beijing's effort to restore confidence in the property sector.
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