Country Garden's missed dollar bond coupon payments came as a 'big surprise,' economist says

Country Garden’s missed dollar bond coupon payments came as a ‘big surprise,’ economist says

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Hao Hong, partner and chief economist at Grow Investment Group, discusses the prospects for China’s Country Garden, one of the largest non-state-owned developers by sales, which reportedly missed two coupon payments on dollar bonds that were due Sunday.

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Thu, Aug 10 202312:58 AM EDT

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