Over 30 Country Garden Projects Listed for Support: Reuters
This article is for subscribers only.
Country Garden Holdings Co. has more than 30 of its projects listed by Chinese local governments as suitable for financing support, Reuters reported.
Country Garden’s projects were put on the “white lists” of the provinces of Henan, Hubei, Sichuan, Shandong and the municipality Chongqing, Reuters reported on Saturday, citing a company statement. The projects could receive financing support, which would ease the pressure on its liquidity and ensure the completion of homes, the developer said.