Cashsqueezed
Cash-squeezed developer Country Garden faces another dollar coupon deadline – Beragampengetahuan
HONG KONG: Embattled Chinese property developer Country Garden faces yet another liquidity test with Monday’s (Sep 18) deadline to pay US$15 million in interest linked to an offshore bond after having dodged default at the last minute twice earlier this month. The country’s No 1 private developer, whose financial woes have worsened the property sector […]