Market optimism over the potential for interest rate cuts next year is dangerously overdone, according …
Read More »China developer Country Garden reportedly set to avoid yuan bond default
The East China headquarters of Country Garden is being shown in Zhenjiang, Jiangsu Province, China, on October 10, 2023. Nurphoto | Nurphoto | Getty Images Embattled Chinese real estate developer Country Garden may avoid a default on its yuan-denominated bonds after most holders of a local note agreed not to demand repayment …
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