China puts Country Garden on draft list of builders to support

China puts Country Garden on draft list of builders to support

FILE PHOTO: The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo

China’s debt-laden Country Garden Holdings has been included on a government draft list of 50 developers eligible for a range of financing support, Bloomberg reported on Wednesday, citing people familiar with the matter.

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