Country Garden controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
Debt default and restructuring crisis
Country Garden's missed offshore bond payment and related cross defaults placed the company among the major Chinese developers affected by the sector's liquidity crisis. The episode led to creditor negotiations, asset-sale efforts and proposed offshore debt restructuring.
2019
Environmental concerns over South East Wilton
Approval for the first stage of South East Wilton in Sydney raised concerns that development could affect koala corridors along Allens Creek in an area associated with a recovering koala population.
2018
Wall and prefabricated building collapse at Lu'an project kills 6
On July 26, 2018, a wall and prefabricated building at the construction site of Country Garden's City of Light project in Lu'an, Anhui, collapsed during heavy rain, and official preliminary reports said 6 people died. Country Garden said the project involved was suspended for inspection and that it cooperated with the investigation. This entry does not substitute the company's explanation of the weather for the final determination of accident liability.