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☆ Country Garden expects China property market to remain weak in 2024
▼ + stars: | 2024-01-16 | by ( ) www.cnbc.com time to read: +1 min

TOPSHOT - This aerial photo taken on October 31, 2021 shows buildings of China's developer Country Garden Holdings in Zhenjiang, in China's eastern Jiangsu province. China's largest developer Country Garden Holdings reported a record 96 percent on-year drop in its first-half earnings on August 30, 2022, in the latest grim illustration of the economic chaos coursing through the country's property sector. China's largest private property developer, Country Garden, expects the property market will remain weak in 2024 and the company could face more, "severe" challenges, its top management said. Country Garden, which defaulted on its $11 billion worth of offshore bonds in October and extended repayments on its onshore notes last year, is among a long list of developers facing a cash crunch since being hit by a debt crisis in mid-2021. "The challenges to be faced by the company this year may be more severe than we imagine; we have to respond calmly," Country Garden President Mo Bin said.

Persons: Yang Huiyan, Mo Bin, Yang Organizations: Garden Holdings, Weibo Locations: Zhenjiang, China's, Jiangsu

☆ Country Garden: China's biggest homebuilder dodges default but faces a rocky road ahead
▼ + stars: | 2023-09-06 | by ( Michelle Toh | ) edition.cnn.com time to read: +7 min

CNN —Chinese property giant Country Garden has twice narrowly avoided defaulting on its debt in a matter of days. Here’s what to know about Country Garden, and the future it faces. That was down significantly from revenue of about 523 billion yuan ($71.6 billion) and net profit of approximately 41 billion yuan ($5.6 billion) in 2021. Investors have since been bracing for a potential default by Country Garden, which has openly admitted this could happen soon. Country Garden shares in Hong Kong have plunged 55% so far this year as investors dumped the stock.

Persons: it’s, —, Evergrande, Yang Huiyan, Yang, “, Fitch Organizations: CNN, Getty, Garden, Hong Kong Locations: China, Hong Kong, Foshan, Guangdong, Zhenjiang, China's, Jiangsu, United States, Evergrande, Beijing, Fuyang, Anhui

☆ Country Garden default? China's property crisis deepens as developer misses bond payments
▼ + stars: | 2023-08-09 | by ( Laura He | ) edition.cnn.com time to read: +5 min

The latest major industry player to get into trouble is Country Garden, once China’s largest developer. Several of Country Garden’s yuan-denominated bonds were suspended from trading in Shanghai and Shenzhen on Tuesday after they dropped by more than 20%. Country Garden did not respond to a request from CNN for comment. An aerial view of a residential project developed by Country Garden Holdings is seen in Zhenjiang, Jiangsu province on October 31, 2021. Property crisis deepensChina’s property industry has been mired in a historic downturn in the past two years.

Persons: “, Fang Dongxu, ”, Edward Moya, Moody’s, Kaven Tsang, Li Qiang Organizations: Hong Kong CNN —, Reuters, CNN, Country Garden Holdings, China Index Academy, Oanda, China’s, People’s Bank of Locations: Hong Kong, Shanghai, Shenzhen, Zhenjiang, Jiangsu province, China, Moody’s, Beijing, People’s Bank of China

☆ One of China’s richest women takes over for her father at real estate developer Country Garden
▼ + stars: | 2023-03-02 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Yang Guoqiang, founder of Country Garden, attends a signing ceremony in November 2017 in Guangdong province. VCG/Getty ImagesThe elder Yang was a farmer and construction worker before he founded Country Garden in 1992. In little more than a decade, he grew the firm into one of the largest real estate developers in the country. Last year, Country Garden was China’s No 1 developer by sales, which reached $67 billion. An aerial view of a residential project developed by Country Garden in Zhenjiang city in eastern China's Jiangsu province in October 2021.

☆ China a anunţat depistarea primului caz din lume de gripă aviară H10N3 la om
▼ + stars: | 2021-06-01 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Comisia Națională de Sănătate din China a declarat pe 1 iunie că a confirmat în provincia Jiangsu, în estul țării, un prim caz de transmitere la om a tulpinii H10N3 de gripă aviară. Este vorba despre un bărbat rezident al oraşului Zhenjiang, care a fost internat în spital pe 28 aprilie după ce a dezvoltat febră şi alte simptome, a declarat NHC într-un comunicat, scrie mediafax.ro. El a fost diagnosticat cu virusul gripei aviare H10N3 pe 28 mai, dar nu s-au oferit detalii despre modul în care bărbatul a fost infectat cu virusul. Totuşi acest caz este aparte deorece niciun alt caz de infecţie umană cu tuplina H10N3 nu a fost raportat anterior la nivel global, a spus NHC, potrivit Mediafax. Un caz de infecție umană cu H10N3 nu a fost raportat până acum în lume, a spus comisia.

Organizations: Națională, Sănătate, Mediafax Locations: China, Jiangsu, Zhenjiang

Bărbatul din orașul Zhenjiang a fost internat în spital pe 28 mai, după ce a făcut febră și prezentat mai multe simptome, potrivit Comisiei de Sănătate. El a fost diagnosticat cu gripă aviară, H10N3, dar nu au fost oferite detalii despre cum s-a infectat. H10N3 este o tulpină slab patogenă a virusului gripei aviare, iar riscul de răspândire pe scară largă este foarte scăzut, potrivit Comisiei. Ultimul caz de infectări semnificative cu gripă aviară la om a fost în 2016-2017, când tulpina H7N9 a omorât aproximativ 300 de oameni. Acesta este primul caz de gripă aviară la om cu tulpina H10N3, potrivit Comisiei Naționale de Sănătate din China.

Locations: Zhenjiang, China

☆ China: Autoritățile anunță detectarea primului caz uman de infectare cu virusul gripei aviare H10N3
▼ + stars: | 2021-06-01 | by ( ) www.jurnal.md time to read: +2 min

Sursa foto: theverge.comChina: Autoritățile anunță detectarea primului caz uman de infectare cu virusul gripei aviare H10N3Autoritățile din China anunță detectarea primului caz uman de infectare cu virusul gripei aviare H10N3. Abia pe 28 mai însă a fost confirmată infectarea acestuia cu varianta H10N3, o subtulpină a gripei aviare, identificată pentru prima dată acum 42 de ani. Despre subtulpina H10N3 se cunosc destul de puține lucruri, deși ea a fost identificată încă din 1979, dar până acum numai la păsări. Un virus H10N3 a fost izolat în Hong Kong în 1979 într-o piață de păsări vii și a reapărut ulterior în Thailanda, în 2011. Comisia Națională de Sănătate din China consideră că H10N3 este o tulpină cu patogenitate scăzută, la fel fiind și riscul de răspândire pe scară largă.

Organizations: Națională, Sănătate Locations: China, Zhenjiang, Jiangsu, Chinei, Hong Kong, Thailanda

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