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Country Garden On The Precipice

Kristy Hung, Analyst, Bloomberg Intelligence

07-Sep-23 07:30

Country Garden On The Precipice

Country Garden was once a shining star in the Chinese property sector, surviving the tumult that took down Evergrande. However its fortunes have turned for the worse of late, as the property giant warns of the risk of defaulting on its bond payments amid poor earnings in the first half of the year. What do the financial woes of Country Garden say about the broader Chinese economy? We get analysis from Kristy Hung of Bloomberg Intelligence.

Image Credit: Shutterstock

Produced by: Shazana Mokhtar

Presented by: Shazana Mokhtar, Keith Kam, Mark Tan


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Categories:  economy,  markets,  property

Tags:  country garden,  china's property,  china economy, 


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