{"id":4176,"date":"2023-08-14T14:45:14","date_gmt":"2023-08-14T12:45:14","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=4176"},"modified":"2023-08-14T14:45:14","modified_gmt":"2023-08-14T12:45:14","slug":"chinese-real-estates-problems-are-far-from-over","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=4176","title":{"rendered":"Chinese real estate&#8217;s problems are far from over"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">China&#8217;s property market giant, Country Garden, has seen its debt problems intensify following the suspension of its onshore bonds. This has resulted in its shares tumbling to a record low on Monday. <\/p>\n<p>Country Garden shares fell 16.3% by midday, leading to a 3.9% drop in the Hang Seng Mainland Properties Index (.HSMPI). The stock has lost nearly 50% this month alone. <\/p>\n<p>Shares of Country Garden&#8217;s property management unit, Country Garden Services, have also fallen more than 10%. <\/p>\n<p>The failures of Country Garden, which was once considered a financially sound developer, are adding to concerns in a real estate market that is already facing weak buyer demand. The situation also adds pressure on policymakers, as a growing number of private real estate companies are on the verge of collapsing if they do not receive financial support soon. <\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s property market giant, Country Garden, has seen its debt problems intensify following the suspension of its onshore bonds. This has resulted in its shares tumbling to a record low on Monday. Country Garden shares fell 16.3% by midday, leading to a 3.9% drop in the Hang Seng Mainland Properties Index (.HSMPI). The stock has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-4176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4176"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4176\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/4177"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}