China’s Country Garden suffers record $6.7bn loss as business model falters

[ad_1] GUANGZHOU/SHANGHAI — Top Chinese property developer Country Garden Holdings on Wednesday reported a record net loss of 48.9 billion yuan ($6.71 billion) for the six months through June, a…

China’s Country Garden suffers record $6.7bn loss

[ad_1] GUANGZHOU/SHANGHAI — Top Chinese property developer Country Garden Holdings on Wednesday reported a record net loss of 48.9 billion yuan ($6.71 billion) for the six months through June, a…