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Country Garden (Chinese: 碧桂园; pinyin: Bìguìyuán; Jyutping: bik1 gwai3 jyun4) is a property development company based in Guangdong, China, owned by Yang Guoqiang's family. It ranked 206th in Fortune Global 500 list of 2023. [ 1 ]
Country Garden has nearly $200 billion in total liabilities. It faces mounting pressure to pay off its debts — it has about 31 billion yuan ($4.3 billion) in bonds set to mature through the end ...
Country Garden, one of China’s top property developers, suspended trading in 11 of its onshore bonds on Monday, adding to speculation the company may be preparing to restructure its debt as it ...
China’s giant property developer Country Garden has been declared in default on its debt after failing to make a bond repayment by a final deadline of October 18.
Move over Evergrande. There is a new poster child of China’s protracted real estate crisis — Country Garden.
In December 2009, R&F Properties, together with a consortium of Country Garden and Agile Properties, acquired the land for the Asian Games City in Panyu, Guangzhou, for RMB 25.5 billion. In April 2010, R&F Real Estate purchased a piece of land in Xianshuigu Town , Jinnan, Tianjin for RMB 7.05 billion, setting a record for the volume and highest ...
SINGAPORE/HONG KONG/LONDON (Reuters) -China's property sector crisis escalated again on Friday as a sharp fall in the shares and bonds of one of the country's biggest developers, Country Garden ...