Asia Real Estate Tracker (12-Jan-2025): Sunac unable to repay debt on time due to new petition.
China's Sunac faces financial struggles, while Country Garden and UOL make strategic moves in the real estate market to navigate economic challenges.
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Country Garden Offloads Overseas Projects to Address Debt Woes
China’s embattled property developer Country Garden Holdings is ramping up overseas asset sales as the company struggles to raise cash to address...
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CX Daily: China Intensifies Efforts to End Property Crisis
Property / In Depth: China intensifies efforts to end property crisis China’s property sector has shown little sign of climbing out of its...
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Country Garden Pledges to Deliver More Than 480,000 Homes in 2024
Chinese property developer Country Garden Holdings Co. Ltd. vowed to deliver more than 480,000 homes in 2024, a more modest target than 2023 after...
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CX Daily: China’s 2023 GDP Growth Recovers to 5.2%, Beating Target
GDP / China’s 2023 GDP growth recovers to 5.2%, beating target China’s economy expanded by 5.2% in 2023, recovering from one of the weakest GDP...
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