Some Country Garden Bondholders Seek Default on Yuan Note

A group of Country Garden Holdings Co. creditors is seeking to declare a default on a yuan bond, adding a fresh complication for the distressed Chinese developer whose liquidity crisis has shaken the nation’s financial markets. #press

https://www.bloomberg.com/news/articles/2023-08-30/country-garden-enters-key-phase-as-voting-ends-on-bond-extension?utm_source=press.coop

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