China’s Property Developer Country Garden Forecasts US$7.6Bn Loss
Country Garden, one of China’s largest property developers, has warned that the first six months of the year might result in a loss of up to $7.6 billion. The announcement is the latest indication of the world’s second largest economy’s significant problems. China fell into deflation for the first time in more than two years, … Continue reading China’s Property Developer Country Garden Forecasts US$7.6Bn Loss
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