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Feb 06, 2024 - 15:36
By asia.nikkei.com

China aid program could help more than 30 Country Garden projects

HONG KONG -- Embattled Chinese property developer Country Garden Holdings said that more than 30 of its unfinished projects are in line to receive support under a government scheme to revive the country's real estate market.

The Guangdong-based developer told Nikkei Asia in a statement that it has "acted swiftly" and "applied proactively" for so-called "white list" projects in cities across the country in the past few weeks.