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More troubles for the Chinese property sector

Country Garden is one of China's biggest property firms, but there's trouble lurking in the undergrowth.

Country Garden is one of China's biggest property firms, but there's trouble lurking in the undergrowth. It's warned investors it could see a US$7 billion loss for the first half of the year.

(Picture: A view of the city skyline and Huangpu river in Shanghai, China, taken on February 24, 2022. Picture Credit: Reuters.)

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27 minutes

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  • Fri 11 Aug 2023 14:32GMT