Country Garden Looks Set For Debt Restructuring After Admitting It Can’t Repay International Borrowings
China’s distressed property developer Country Garden said it’s unlikely that it will be able to repay all of its international debt as sales have continued to slide amid the country’s broader real estate crisis.
China’s distressed property developer Country Garden said it’s unlikely that it will be able to repay all of its international debt as sales have continued to slide amid the country’s broader real estate crisis.
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