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World Business Report: First broadcast 17/05/2024 14:32 GMT : Country Garden: can the company survive?

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Country Garden: can the company survive?

First broadcast 17/05/2024 14:32 GMT 

First broadcast 17/05/2024 14:32 GMT : Country Garden: can the company survive?

BBC World Service - World Business Report, Country Garden: can the company survive?

China property giant on the verge of liquidation

A major court case involving a request to wind up Chinese developer Country Garden has begun in Hong Kong.

China's real estate industry is facing major financial problems, leaving many empty or half-finished unused buildings. One of China’s largest real-estate companies, Country Garden of the verge of liquidation. 

Also, Roger Hearing finds out what's happening with businesses in New Caledonia. And we hear how the economic growth in India affecting people's life.

(Picture: Garden Center in Shanghai, China August 9, 2023. Picture credit: Reuters)

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First broadcast 17/05/2024 14:32 GMT : Country Garden: can the company survive?

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