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China's Country Garden says 'major uncertainties' over bond payments
China's Country Garden says 'major uncertainties' over bond payments
Business and Economy
by  AFP

China's troubled property giant Country Garden said Wednesday there were "major uncertainties" over payments on its bonds, with fears swirling about the health of the country's heavily indebted real estate sector. "There are currently major uncertainties in the redemption of corporate bonds," the company said in a filing to the Shanghai stock exchange on Wednesday.