2023-10-20 17:56:41
The Chinese real estate juggernaut Country Garden, in a very poor position in the context of the serious crisis facing the sector, has denied the rumor, widespread on the Internet, according to which its founder, Yang Guoqiang, and his daughter, Yang Huiyan , the group’s president, were on the run abroad, adding that she had “a harmful effect” on his image. “Urgent declaration from Country Garden: we are in the country”, headlined October 19 Hongxing Xinwen, online media from Chengdu, Sichuan, like many Chinese media.
Country Garden was until recently a flagship of the real estate sector, just like the Evergrande company. In the 2021 list of the 500 largest real estate companies in China, the two companies from Guangdong appeared alongside
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