China: Amid property sector woes, Country Garden delays earnings

In a filing provided to the Hong Kong stock exchange on Thursday, the company said it needed more time to collect...

Country Garden faces loss of USD 7 billion in first half of 2023

Country Garden, one of China's property developers, said that it has faced a loss of USD 7 billion during the...

China’s ‘Country Garden’ teeters on verge of financial collapse

As China's economy has slowed recently, the already slow real estate market has come to a complete halt, putting...

Chinese property developer Country Giant warns of USD 7.6 bn loss

One of China’s biggest property developers, Country Garden, says it has burned through up to USD 7.6 billion in the...

Real estate crisis exposes reality of Beijing’s property boom

The property crisis in China, which has led to billions of dollars flowing out of the country, is not just Beijing’s...

Real estate giant's financial crisis threatens Chinese economy

However, the issue is considerably more widespread than just one business, and the timing is quite poor. According...

Asia's richest woman lost half her wealth

Beijing [China], July 29 (ANI): As China's property crisis escalates, Asia's wealthiest woman has seen her wealth...