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Cover Story: Clock Ticking on Country Garden’s Debt Bomb

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Formerly China’s top developer in terms of sales for six consecutive years, the behemoth is now teetering on the brink of its first ever bond default

Country Garden Holdings Co., which was China’s top developer in terms of sales for six consecutive years starting in 2017, is now poised to become the next casualty in the nation’s property crisis as it teeters on the brink of its maiden bond default…….

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https://en.caixin.com/2023-08-28/102098686.html

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