• 11/29/2024

Country Garden Avoids Further Default With Payments on Onshore Bonds

Wall Street Journal

Chinese property developer Country Garden made payments on two onshore bonds within a grace period, avoiding default days after the company had said it might turn to a state guarantor for help.

https://www.wsj.com/articles/country-garden-avoids-further-default-with-payments-on-onshore-bonds-c2566db1