Country Garden
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World
Another Chinese Property Giant Faces a Creditor Who Wants It Dismantled
Country Garden was once China’s biggest developer but ran out of money. A lender is taking it to court in Hong Kong, a sign of continuing market distress.
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World
Country Garden, Facing Debt Deadline, Says Executives Have Not Left China
The company, one of China’s biggest property developers, took the unusual step of stating that the company’s founder and its chairwoman were “working normally.”
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News
Country Garden Caves to Debts as China’s Real Estate Crisis Worsens
The property giant was unable to repay a loan and signaled it would default on its debt, becoming one of the biggest casualties of China’s deepening property crisis.