Country Garden’s Default Warning Signals Potential Restructuring Amid Plummeting Sales

China’s Leading Developer Grapples with Debt Crisis and Advisory Appointments   Courtesy: Bloomberg   Pierre-Olivier Gourinchas on Bond Sell-off and Fiscal Policy Country Garden Holdings Co., a prominent Chinese developer, has escalated its warnings, hinting at an impending default, and has sought the services of financial advisers. These developments signify a growing likelihood of a … Read more