LOUDI, China -- A stalled housing project started by troubled Chinese property developer Country Garden Holdings has left homebuyers in the central Chinese city of Loudi in a bind. "If the home ...

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Country Garden announced on January 9 that it reached a basic agreement with key banks on a debt-restructuring plan. Based on the plan, the firm has been negotiating with creditors.

HONG KONG -- Embattled real estate developer Country Garden Holdings has belatedly reported staggering losses for 2023, offering a fresh glimpse into the depths of China's property crisis.

HONG KONG (Reuters) -Country Garden said it expected to post a narrower annual loss in 2024 as the embattled developer looks to revive its business and stave off a liquidation lawsuit after ...

Once China's top developer by sales, Country Garden's hope of narrowing its losses is in line with many peers that have also defaulted on debt, as they booked most provisions in the first couple ...

For decades, China sought to learn from Western finance. Now it’s purging many of the internationally experienced financiers who helped steer the country’s economic rise, while ushering in a ...