
Country Garden's Sales Downturn Signals Ongoing Struggles in the Property Market
2 months ago
In a stark reflection of the broader challenges faced by the Chinese real estate sector, Country Garden has reported a continued slump in sales, marking a concerning trend in an industry grappling with debt and declining buyer confidence. The beleaguered property developer saw its sales tumble significantly, raising alarms about the health of the housing market and the potential implications for the wider economy.
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Country Garden Faces Dismal Sales Decline in January, Deepening Its Financial Struggles
2 months ago
In a troubling trend for one of China’s largest property developers, Country Garden has reported a significant slump in sales during the month of January. The company’s latest figures have raised fresh alarms about its ongoing financial struggles amidst a sluggish real estate market.
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