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Economy

(119,863 posts)

2. Meanwhile, the #2 real estate giant Country Garden

Fri Aug 18, 2023, 08:23 AM

Aug 2023

is in the 30 day grace period before they default on their bonds. It will be difficult for China to avoid a crisis.

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Highlight:

Chinese property giant Evergrande files for Chapter 15 bankruptcy protection [View all] mahatmakanejeeves Aug 2023 OP

"The Chapter 15 filing is a "normal" part of offshore restructuring" bucolic_frolic Aug 2023 #1

Meanwhile, the #2 real estate giant Country Garden TexasTowelie Aug 2023 #2