World News@lemmy.worldEnglish · 9 months ago

Chinese developer Country Garden says it can't meet debt payment deadlines after sales slump

apnews.com

Chinese developer Country Garden says it can't meet debt payment deadlines after sales slump

apnews.com

Lee Duna@lemmy.nz

World News@lemmy.worldEnglish · 9 months ago

Chinese property developer Country Garden has warned it cannot meet deadlines to repay its loans as the company struggles to restructure its debts.

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severien@lemmy.world
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9 months ago
It’s going to be pretty bad for the people who will lose their savings over this.

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