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STOCKSHOTS: Forest City, Malaysian estate co-developed by China's Country Garden / 32HB68C
Clip ID 2166192
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Description
China's largest developer Country Garden Holdings reported a record 96 percent on-year drop in its first-half earnings Tuesday, in the latest illustration of the economic chaos hitting the country's property sector. Its earnings plunged to 612 million yuan ($88 million) as China's property market has "slid rapidly into severe depression", the company said in a report. STOCKSHOTS and aerial views of the Forest City development project in Malaysia, co-developed by Country Garden
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