Largest China developer Country Garden downgraded to junk. Ratings firm cited declining sales and weaker funding access.
by DJ_ODell Found this Global 500 rating from 10 months ago entertaining. Doesn’t say much for the global economy. https://www.prnewswire.com/news-releases/country-garden-rises-to-139th-on-2021-fortune-global-500-list-301347299.html FOSHAN, China, Aug. 3, 2021 /PRNewswire/ — The latest FORTUNE Global 500 list was released on August 2nd, with the number of …