{"id":53381,"date":"2023-03-14T00:28:42","date_gmt":"2023-03-13T15:28:42","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2023\/mar\/13\/china-top-property-developer-expects-first-loss-since-2007-flotation"},"modified":"2023-03-14T00:28:42","modified_gmt":"2023-03-13T15:28:42","slug":"chinas-top-property-developer-expects-first-loss-since-2007-flotation","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=53381","title":{"rendered":"China\u2019s top property developer expects first loss since 2007 flotation"},"content":{"rendered":"<p>Country Garden\u2019s 2022 forecast is another blow for country\u2019s embattled sector<\/p>\n<p>China\u2019s top property developer expects to record a loss in 2022 \u2013 its first since the company went public in 2007 \u2013 in another blow for the country\u2019s embattled property sector.<\/p>\n<p>In a filing to the Hong Kong stock exchange on Monday, Country Garden said that the losses for 2022 would amount to between 5.5bn yuan and 7.5bn yuan (\u00a3663.6m-\u00a3904.9m). In 2021 Country Garden\u2019s profits reached 26.8bn yuan.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2023\/mar\/13\/china-top-property-developer-expects-first-loss-since-2007-flotation\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Country Garden\u2019s 2022 forecast is another blow for country\u2019s embattled sectorChina\u2019s top property developer expects to record a loss in 2022 \u2013 its first since the company went public in 2007 \u2013 in another blow for the country\u2019s embattled property sector&#8230;<\/p>\n","protected":false},"author":3586,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[41,6,50,2352,2347,1219,42],"tags":[],"class_list":["post-53381","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-business","category-china","category-construction-industry","category-housing-market","category-real-estate","category-world-news"],"aioseo_notices":[],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/53381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/3586"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53381"}],"version-history":[{"count":2,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/53381\/revisions"}],"predecessor-version":[{"id":53389,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/53381\/revisions\/53389"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}