China's crossroads of crisis: Europe 'de-risking', Country Garden and Xi's policy problems
Inside China
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The Current Situation with Country Garden
This chapter delves into the financial crisis faced by Country Garden, one of the biggest developers in China. It explores their recent defaults, struggles to restructure bonds, and the potential consequences of their failure. The discussion also compares their situation with the collapse of Evergrande and highlights the importance of the property sector for the Chinese economy.
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