HONG KONG, Sept 1 (Reuters) – China is grappling with a slowdown that has rattled global markets, with the spotlight now focused on troubled developer Country Garden’s debt crisis in the property …
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The catastrophic crash in Country Garden Holdings, once the gold standard in China’s property industry, has cost stock and bond investors steep losses. Now, the developer stands to potentially inflict …
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Hong Kong stocks suffer 8.5% slide in August as Chinese manufacturing slump, property debt woes rattle investors
Stocks retreated as Chinese manufacturing contracted for a fifth month in August. The risk of default at Country Garden kept investors at bay before several repayment deadlines next week.