China’s Country Garden warns it will miss debt payment

#youtube #China #yahoofinance
China’s ongoing property crisis is continuing to take its toll on Country Garden. The property developer is warning that it will be unable to make a debt payment worth about $60 million, which is a big concern given that it has about $187 billion in liabilities. Yahoo Finance’s Akiko Fujita explains the company’s announcement. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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