Will the Chinese real estate giant, Country Garden, default on its bond payments by the end of Mar 2024?

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330Ṁ6249

resolved Dec 23

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YES

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Resolves YES if multiple mainstream news orgs confirm that Country Garden has defaulted on its bond payments.

https://www.economist.com/finance-and-economics/2023/08/16/how-bad-could-chinas-property-crisis-get

How bad could China’s property crisis get?

Country Garden is on the edge of default. Here is a worst-case scenario | Finance & economics

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@Akzzz123 resolves yes:

https://www.cnn.com/country-garden-default-debt-what-next/index.html

https://archive.is/pGnkZ

@RobertCousineau Has this been reported by any other orgs? I can't find much on this online.

@RobertCousineau

Bloomberg has reported it too.

https://www.bloomberg.com/news/articles/2023-10-25/country-garden-default-on-dollar-bond-declared-for-first-time

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