{"id":57941,"date":"2023-08-31T09:54:15","date_gmt":"2023-08-31T00:54:15","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2023\/aug\/31\/country-garden-chinese-property-developer-reports-half-year-finanical-loss-fears-default-risk"},"modified":"2023-08-31T09:54:15","modified_gmt":"2023-08-31T00:54:15","slug":"chinese-developer-country-garden-reports-6-7bn-loss-amid-fears-of-another-evergrande","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=57941","title":{"rendered":"Chinese developer Country Garden reports $6.7bn loss amid fears of another Evergrande"},"content":{"rendered":"<p>Group warns that if its financial performance \u2018continues to deteriorate\u2019 it faces possible default after huge half-year losses <\/p>\n<p>Embattled Chinese developer Country Garden reported a 48.9bn yuan ($6.7bn) loss for the first half of the year in a stock exchange filing on Wednesday, adding to worries of a potentially catastrophic default.<\/p>\n<p>Its tenuous state has sparked fears of a collapse that could have far-reaching consequences for the Chinese financial system two years after the fall of Evergrande.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2023\/aug\/31\/country-garden-chinese-property-developer-reports-half-year-finanical-loss-fears-default-risk\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Group warns that if its financial performance \u2018continues to deteriorate\u2019 it faces possible default after huge half-year losses Embattled Chinese developer Country Garden reported a 48.9bn yuan ($6.7bn) loss for the first half of the year in a stock exc&#8230;<\/p>\n","protected":false},"author":260,"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],"tags":[],"class_list":["post-57941","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-business","category-china"],"aioseo_notices":[],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/57941","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\/260"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57941"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/57941\/revisions"}],"predecessor-version":[{"id":57942,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/57941\/revisions\/57942"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}