The Latest Breaking News from Country Garden

Representatives from over 130 countries are gathering in Beijing for the Belt and Road Forum this Tuesday. The Chinese initiative, launched in 2013 to boost infrastructure investments around the world, has attracted a lot of attention over the past decade. We take a look at the project's pros and cons…

Chinese property developer Country Garden has warned it cannot meet deadlines to repay its debts

Property developer has about $200bn in liabilities and says its sales are ‘under remarkable pressure’

In a stock filing Tuesday, developer Country Garden said it expects to miss some of its foreign debt payments.

Asian shares are higher after Wall Street advanced on potentially encouraging news about interest rates, which have been dragging markets lower since the summer

The regulatory crackdown that sparked arrests and a debt crisis in China’s second-biggest developer may do more harm than good to market, say analysts

Fresh signs of weakness in Chinese economy and weak UK and eurozone data spook investors

European stocks hit three-week high as China’s government tries to prop up ailing economy

Business & Investing: Restaurant Brands leads earnings downturn, reporting a problem faced by many businesses: margins being severely squeezed due to cost increases. Andrew Patterson reports.

Teetering Chinese property developer has caused wealth of its founder’s daughter to plummet

Chinese real estate group Country Garden has posted record losses of €6.5 billion for the first half of 2023 and warned that it could default on its debt if its financial performance "continues to deteriorate". The news underlined the country's struggling growth, since the property sector may represent as much…