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What Country Garden’s Debt Woes Mean to China Property Market
Posted
August 11, 2023
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8,605
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August 11, 2023
8,605
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2:22Now PlayingCountry Garden Holdings Co.’s revealed late Thursday that it expects to post a net loss of 45 billion yuan to 55 billion yuan ($7.6 billion) for the first half of 2023, raising concern it will be the next giant to default. Rebecca Choong Wilkins reports on Bloomberg Television.
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