Chinese developer Country Garden reports $6.7bn loss amid fears of another Evergrande

Group warns that if its financial performance ‘continues to deteriorate’ it faces possible default after huge half-year losses Embattled Chinese developer Country Garden reported a 48.9bn yuan ($6.7bn) loss for the first half of the year in... #press

https://www.theguardian.com/world/2023/aug/31/country-garden-chinese-property-developer-reports-half-year-finanical-loss-fears-default-risk?utm_source=press.coop

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