> STOCKSHOTS: Headquarters of Chinese property giant Country Garden / 34GY9GV
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STOCKSHOTS: Headquarters of Chinese property giant Country Garden / 34GY9GV
Clip ID 2223487
Creator AFP
Clearance
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h264 | 1920x1080 | 104.69 MB
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Description
China has issued several rounds of bailout funds for its embattled property sector, with Beijing saying this week that its banks had provided nearly 10 trillion yuan ($1.4 trillion) in loans to real estate last year. Financial woes at major firms such as Evergrande and Country Garden are now fuelling buyer mistrust against a backdrop of unfinished housing developments and falling prices. Images of headquarters of Chinese property giant Country Garden in Foshan, Guangdong province. IMAGES